Suburb Profile Report for Kuranda QLD (4881)

Kuranda House: Median price $452,500, Annual capital growth 0.46%, Number of sales 49, Weekly median advertised rent $440

  • 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.

  • House Report

Kuranda has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.26% to date .

Comparing Kuranda,4881 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Kuranda is giving property investors an average Vendor Discount of around -5.64%. This puts suburb at number 489th in QLD when ranking the most discounted suburbs.

With the median price for a house in Kuranda being $452500 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 5.06%

Metrics i HOUSE UNIT
$452,500 N/A
0.56% N/A
2.26% N/A
0.46% N/A
$440 N/A
49 N/A
5.06% N/A
87.0571428571429 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 : Good (H), Above average (U)
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Demographics
Total population 2966
Median household income ($/weekly) 981
Median age of persons 41
Median housing loan repayment ($/monthly) 1625
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 406 13.7
    35-44 years 420 14.2
    45-54 years 507 17.1
    55-64 years 481 16.2
    65-74 years 287 9.7
    Others 865 29.2
    Age Group
    Census Count Percent(%)
    Not Married 899 43.9
    Registered Married 766 37.4
    Defacto Relationship 383 18.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2134 77.5
    Greece 45 1.6
    Papua New Guinea 105 3.8
    United Kingdom 195 7.1
    Other 96 3.5
    Others 179 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 92 3.5
    Christianity 1432 55.2
    Hinduism 6 0.2
    Other Religious Groups 45 1.7
    No Religion 1012 39.0
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 128 14.2
    $600-$799 97 10.8
    $800-$999 103 11.4
    $1,000-$1,249 83 9.2
    $1,500-$1,999 110 12.2
    Others 379 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 814 37.3
    Employed, worked full-time 685 31.4
    Employed, worked part-time 458 21.0
    Unemployed, looking for work 144 6.6
    Employed, away from work 79 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 160 13.1
    Professionals 282 23.1
    Technicians & trades workers 187 15.3
    Community & personal service workers 143 11.7
    Clerical & administrative workers 129 10.5
    Others 322 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.4
    Infants/Primary 246 41.7
    Secondary 165 28.0
    Technical or Further Educational Institution 36 6.1
    University or other Tertiary Institutions 78 13.2
    Others 27 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2469 91.1
    Semi-detached, row or terrace house, townhouse 138 5.1
    Caravan, cabin, houseboat 71 2.6
    Flat, unit or apartment 27 1.0
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 372 36.4
    Fully owned 370 36.2
    Rented 269 26.3
    Other tenure type 11 1.1
    Tenure Type
Census 2011, ABS
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