Suburb Profile Report for Nome QLD (4816)

Nome House: Median price $371,250, Annual capital growth -1.06%, Number of sales 11, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Investment property in Nome has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.72%

Nome,4816 has offered an average of 8.72% return per annum in house price rises to property investors over the last three years.

Nome4816 is located in QLD which offers an average discount of -7.44% to property investors. Nome itself is showing figures that indicate -7.57% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Nome have been waiting around 46 days to sell a property.

Nome, 4816’s gross rental yield is 3.85%

Metrics	HOUSE	UNIT
Median price	$371,250	N/A
Quarterly growth	-4.81%	N/A
12-month growth	-0.34%	N/A
Average Annual Growth	-1.06%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	11	N/A
Gross rental yield	N/A	N/A
Days on market	N/A	N/A

DSR Score for property investment : Below average (H), Above average (U)

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Demographics

Total population	991
Median household income ($/weekly)	1356
Median age of persons	47
Median housing loan repayment ($/monthly)	1733
Average household size	2.5

Census	Count	Percent(%)
5-14 years	105	10.6
35-44 years	138	13.9
45-54 years	205	20.7
55-64 years	183	18.5
65-74 years	105	10.6
Others	255	25.7

Age Group

Census	Count	Percent(%)
Registered Married	418	55.7
Not Married	243	32.4
Defacto Relationship	89	11.9

Social Marital Status

Census	Count	Percent(%)
Australia	814	87.8
Greece	7	0.8
Papua New Guinea	27	2.9
United Kingdom	39	4.2
Other	14	1.5
Others	26	2.8

Country of Birth

Census	Count	Percent(%)
Christianity	710	78.5
No Religion	183	20.2
Buddhism	7	0.8
Islam	4	0.4
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$600-$799	35	10.8
$1,250-$1,499	33	10.2
$1,500-$1,999	42	13.0
$2,000-$2,499	36	11.1
$2,500-$2,999	32	9.9
Others	146	45.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	347	43.2
Not in the labour force	244	30.3
Employed, worked part-time	158	19.7
Employed, away from work	42	5.2
Unemployed, looking for work	13	1.6

Person Characteristics

Census	Count	Percent(%)
Managers	70	12.8
Professionals	76	13.9
Technicians & trades workers	95	17.4
Clerical & administrative workers	79	14.5
Labourers	82	15.0
Others	143	26.2

Occupation

Census	Count	Percent(%)
Pre-school	11	6.3
Infants/Primary	60	34.5
Secondary	56	32.2
Technical or Further Educational Institution	11	6.3
University or other Tertiary Institutions	30	17.2
Others	6	3.4

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	834	92.4
Caravan, cabin, houseboat	69	7.6
Semi-detached, row or terrace house, townhouse	0	0.0
Flat, unit or apartment	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0