Suburb Profile Report for Kooringal QLD (4025)

Kooringal House: Median price $595,000, Annual capital growth 2.40%, Number of sales 15, Weekly median advertised rent $400

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Kooringal has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.38%

Kooringal,4025 has offered an average of 25.38% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Kooringal is giving property investors an average Vendor Discount of around -8.36%. This puts suburb at number 15th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Kooringal the average time real estate has been on the market is 39.8649 days.

Metrics i HOUSE UNIT
$595,000 N/A
2.84% N/A
25.38% N/A
2.40% N/A
$400 N/A
15 N/A
6.38% N/A
39.8648648648649 N/A

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 299
Median household income ($/weekly) 585
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 1.5
  • Census Count Percent(%)
    20-24 years 38 12.8
    25-34 years 73 24.6
    45-54 years 49 16.5
    55-64 years 52 17.5
    65-74 years 27 9.1
    Others 58 19.5
    Age Group
    Census Count Percent(%)
    Not Married 33 50.8
    Registered Married 26 40.0
    Defacto Relationship 6 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 123 68.3
    Indonesia 17 9.4
    Lebanon 12 6.7
    Papua New Guinea 9 5.0
    United Kingdom 9 5.0
    Others 10 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 3.5
    Christianity 111 65.3
    Hinduism 11 6.5
    Islam 3 1.8
    No Religion 36 21.2
    Others 3 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 4 10.3
    $300-$399 9 23.1
    $400-$599 7 17.9
    $600-$799 8 20.5
    $800-$999 8 20.5
    Others 3 7.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 84 49.1
    Not in the labour force 51 29.8
    Employed, worked part-time 31 18.1
    Unemployed, looking for work 5 2.9
    Employed, away from work 0 0.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 22 18.5
    Professionals 15 12.6
    Technicians & trades workers 15 12.6
    Community & personal service workers 25 21.0
    Labourers 27 22.7
    Others 15 12.6
    Occupation
    Census Count Percent(%)
    Secondary 5 55.6
    Infants/Primary 4 44.4
    Pre-school 0 0.0
    Technical or Further Educational Institution 0 0.0
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 54 74.0
    Caravan, cabin, houseboat 15 20.5
    House or flat attached to a shop, office 4 5.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 25 64.1
    Being purchased 8 20.5
    Rented 3 7.7
    Other tenure type 3 7.7
    Tenure Type
Census 2011, ABS
Chart Table