Suburb Profile Report for Babinda QLD (4861)

Babinda House: Median price $183,333, Annual capital growth 5.41%, Number of sales 20, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Babinda 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 -17.23%

The five-year average increase in median property values for Babinda,4861 has given property investors a potential capital gain of 19.83% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Babinda, 4861. Typically our figures indicate that -9.20% is being offered, which puts this QLD suburb at 407th most discounted overall in Australia.

On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.

Metrics i HOUSE UNIT
$183,333 N/A
N/A N/A
-17.23% N/A
5.41% N/A
N/A N/A
20 N/A
N/A N/A
94.52 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1068
Median household income ($/weekly) 718
Median age of persons 43
Median housing loan repayment ($/monthly) 1430
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 129 12.1
    25-34 years 112 10.5
    35-44 years 129 12.1
    45-54 years 131 12.3
    55-64 years 154 14.4
    Others 414 38.7
    Age Group
    Census Count Percent(%)
    Not Married 334 46.0
    Registered Married 321 44.2
    Defacto Relationship 71 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 877 88.0
    Japan 24 2.4
    Papua New Guinea 15 1.5
    United Kingdom 29 2.9
    Other 18 1.8
    Others 34 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 782 80.7
    No Religion 175 18.1
    Buddhism 5 0.5
    Other Religious Groups 4 0.4
    Islam 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 58 16.6
    $400-$599 57 16.3
    $600-$799 50 14.3
    $800-$999 39 11.2
    $1,500-$1,999 34 9.7
    Others 111 31.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 377 46.8
    Employed, worked full-time 236 29.3
    Employed, worked part-time 119 14.8
    Unemployed, looking for work 44 5.5
    Employed, away from work 30 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 54 13.9
    Technicians & trades workers 57 14.7
    Community & personal service workers 47 12.1
    Clerical & administrative workers 54 13.9
    Labourers 68 17.5
    Others 109 28.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 84 47.7
    Secondary 59 33.5
    Technical or Further Educational Institution 8 4.5
    University or other Tertiary Institutions 14 8.0
    Other type of educational institution 6 3.4
    Others 5 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 882 93.4
    House or flat attached to a shop, office 24 2.5
    Flat, unit or apartment 21 2.2
    Semi-detached, row or terrace house, townhouse 13 1.4
    Caravan, cabin, houseboat 4 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 158 39.5
    Rented 140 35.0
    Being purchased 102 25.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals