Suburb Profile Report for Garbutt QLD (4814)

Garbutt House: Median price $265,250, Annual capital growth -0.59%, Number of sales 26, Weekly median advertised rent $275

Garbutt Unit: Median price $215,000, Annual capital growth 1.69%, Number of sales 17, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.82% which means that Garbutt, 4814 has done well for property investors by showing a capital gain of 5.89% over the last year

Taking the average capital gain, or increase in median house value, Garbutt,4814 has racked up an average of 5.89% over the period. This ranks it number 3693th in the whole country for real estate investors looking at median house price increases.

On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.

Using the current median advertised rental of $275 and the average annual increase in value of a median property of -0.59%, investors should hope to achieve an overall return of 5.39%

Garbutt is in the bottom 10% in QLD when comparing median price capital growth over the last year. Garbutt gave property investors a dismal capital gain figure when compared to the rest of the state, with -23.44%.

The QLD suburb of Garbutt, 4814 is in the Townsville local government area.

Metrics i HOUSE UNIT
$265,250 $215,000
1.82% N/A
5.89% -23.44%
-0.59% 1.69%
$275 $240
26 17
5.39% 5.80%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2482
Median household income ($/weekly) 797
Median age of persons 36
Median housing loan repayment ($/monthly) 1610
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 321 12.9
    25-34 years 334 13.5
    35-44 years 301 12.1
    45-54 years 293 11.8
    55-64 years 305 12.3
    Others 929 37.4
    Age Group
    Census Count Percent(%)
    Not Married 992 59.4
    Registered Married 471 28.2
    Defacto Relationship 208 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1922 87.1
    Papua New Guinea 64 2.9
    Philippines 32 1.4
    United Kingdom 61 2.8
    Other 63 2.9
    Others 65 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1581 74.8
    No Religion 501 23.7
    Buddhism 21 1.0
    Other Religious Groups 8 0.4
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 86 10.3
    $300-$399 114 13.7
    $400-$599 103 12.4
    $600-$799 91 10.9
    $1,000-$1,249 88 10.6
    Others 350 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 733 40.9
    Employed, worked full-time 666 37.1
    Employed, worked part-time 270 15.1
    Unemployed, looking for work 64 3.6
    Employed, away from work 61 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 171 17.1
    Community & personal service workers 144 14.4
    Clerical & administrative workers 125 12.5
    Machinery operators & drivers 123 12.3
    Labourers 164 16.4
    Others 273 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 16 3.6
    Infants/Primary 180 40.8
    Secondary 126 28.6
    Technical or Further Educational Institution 40 9.1
    University or other Tertiary Institutions 66 15.0
    Others 13 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1570 72.4
    Flat, unit or apartment 480 22.1
    Semi-detached, row or terrace house, townhouse 77 3.6
    Caravan, cabin, houseboat 28 1.3
    House or flat attached to a shop, office 14 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 560 60.3
    Being purchased 191 20.6
    Fully owned 175 18.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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