Suburb Profile Report for Rasmussen QLD (4815)

Rasmussen House: Median price $289,795, Annual capital growth 0.29%, Number of sales 95, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

Investment property in Rasmussen has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.90%

Rasmussen,4815 has offered an average of -8.90% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Rasmussen are currently offering property investors an average price cut of -11.04% below the asking price at the moment.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at 0.29%.

Metrics i HOUSE UNIT
$289,795 N/A
-5.60% N/A
-8.90% N/A
0.29% N/A
$270 N/A
95 N/A
4.84% N/A
93.75 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 4264
Median household income ($/weekly) 1209
Median age of persons 29
Median housing loan repayment ($/monthly) 1517
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 752 17.6
    25-34 years 642 15.1
    35-44 years 580 13.6
    45-54 years 498 11.7
    55-64 years 422 9.9
    Others 1370 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 1208 42.3
    Not Married 1208 42.3
    Defacto Relationship 443 15.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3621 90.0
    Papua New Guinea 73 1.8
    Philippines 28 0.7
    United Kingdom 88 2.2
    Other 112 2.8
    Others 102 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.6
    Christianity 2725 71.4
    Hinduism 11 0.3
    Other Religious Groups 16 0.4
    No Religion 1033 27.1
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 141 11.5
    $1,000-$1,249 135 11.0
    $1,250-$1,499 129 10.5
    $1,500-$1,999 192 15.6
    $2,000-$2,499 132 10.7
    Others 500 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1201 40.4
    Not in the labour force 924 31.1
    Employed, worked part-time 558 18.8
    Employed, away from work 148 5.0
    Unemployed, looking for work 141 4.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 345 18.1
    Community & personal service workers 250 13.1
    Clerical & administrative workers 238 12.5
    Sales 237 12.4
    Labourers 265 13.9
    Others 571 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 51 4.8
    Infants/Primary 501 47.5
    Secondary 286 27.1
    Technical or Further Educational Institution 89 8.4
    University or other Tertiary Institutions 110 10.4
    Others 18 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3706 91.9
    Semi-detached, row or terrace house, townhouse 214 5.3
    Flat, unit or apartment 114 2.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 616 44.0
    Being purchased 548 39.2
    Fully owned 228 16.3
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
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