Suburb Profile Report for Ingham QLD (4850)

Ingham House: Median price $156,000, Annual capital growth -3.35%, Number of sales 48, Weekly median advertised rent $250

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Over the last year, property investments in Ingham, 4850 have given investors a capital gain of -13.33%. This compares very badly with the 0.88% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ingham has fallen somewhat when compared to the 5 year average annual rate.

Property buyers and investors in Ingham 4850 should be seeing an average reduction in asking price of around -14.64% . This means that Ingham is holding prices well when compared to other suburbs in QLD.

In the last year 48 properties changed hands in Ingham, which puts it as the 440th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

Information supplied by:


February 2019

M
O

W
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House values freefall

Postcode: 4850

Median unit price: $175,000

Three-year growth: -17.6%

Rental yield: 7.4%

Regarded as Queensland’s own “Little Italy,” Ingham is where you want to go if you want a taste of the Italian lifestyle without the significant travel.

The suburb is predominantly dominated by residents of Italian descent – in the 1860’s, Italian immigrants first found in Ingham’s sugar cane industry. Today, the suburb has established one of the biggest sugar mills in Australia, and the Australian-Italian Festival held every August celebrates the combination of cultures through wine, food and music. Ingham is also only a short drive away from Wallaman Falls, part of a World Heritage site and the highest permanent single-drop waterfall in the country.

While investors can find cash flow here – the average rental yield is 7.4% off the average rent of $250 per week – they should not expect capital gains anytime soon as prices have been falling for years.

Metrics i HOUSE UNIT
$156,000 N/A
-0.64% N/A
-13.33% N/A
-3.35% N/A
$250 N/A
48 N/A
8.33% N/A
90.6521739130435 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 4767
Median household income ($/weekly) 803
Median age of persons 46
Median housing loan repayment ($/monthly) 1200
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 603 12.6
    35-44 years 526 11.0
    45-54 years 682 14.3
    55-64 years 559 11.7
    65-74 years 567 11.9
    Others 1830 38.4
    Age Group
    Census Count Percent(%)
    Registered Married 1746 50.2
    Not Married 1452 41.8
    Defacto Relationship 278 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3929 86.8
    Japan 288 6.4
    Philippines 36 0.8
    United Kingdom 64 1.4
    Other 74 1.6
    Others 135 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.5
    Christianity 3961 88.8
    Hinduism 13 0.3
    Islam 6 0.1
    No Religion 452 10.1
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 213 12.8
    $400-$599 271 16.3
    $600-$799 211 12.7
    $800-$999 147 8.8
    $1,500-$1,999 170 10.2
    Others 653 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1638 44.0
    Employed, worked full-time 1231 33.1
    Employed, worked part-time 598 16.1
    Employed, away from work 149 4.0
    Unemployed, looking for work 104 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 218 11.0
    Technicians & trades workers 365 18.5
    Clerical & administrative workers 212 10.7
    Machinery operators & drivers 258 13.1
    Labourers 271 13.7
    Others 652 33.0
    Occupation
    Census Count Percent(%)
    Pre-school 43 4.9
    Infants/Primary 396 44.7
    Secondary 305 34.5
    Technical or Further Educational Institution 69 7.8
    University or other Tertiary Institutions 60 6.8
    Others 12 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3959 90.4
    Semi-detached, row or terrace house, townhouse 62 1.4
    Flat, unit or apartment 300 6.8
    Caravan, cabin, houseboat 19 0.4
    House or flat attached to a shop, office 36 0.8
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 836 45.9
    Rented 601 33.0
    Being purchased 366 20.1
    Other tenure type 19 1.0
    Tenure Type
Census 2011, ABS
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