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Nudgee
AREA REPORTS

Nudgee

Nudgee - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4014

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $728,000.

The upward trend in home prices in NUDGEE, 4014 averaged 6.78% per annum over a 3-year period.

Average weekly rents on listings have reached the $560 mark, reflecting a 4% increase in returns based on the current median price in NUDGEE.

An average of 5.42 real estate transactions take place per month in NUDGEE which translates to 65 per annum.

65 properties were sold in NUDGEE in 2016, making it the 155th most active market in QLD based on total real estate transactions.

NUDGEE, 4014 places 144th in Australia based on median property value growth during the quarter.

Data report can be found below

Nudgee
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $728,000 $506,000
GROWTH REPORT
Median Quarterly 8.66% 1.4%
Median 12 month 13.31% 6.53%
Median 3 years 20.33% N/A
Median 5 years 20.33% N/A
10 years average annual 4.07% 4.57%
Weekly media advert. rent $560 N/A
Time on Market 27.0 days 57.1 days
Gross Rental Yield Percent 4% N/A
demographics (median values)*
Total Population
2121
Weekly Household Income
1148
Household Size
2.80
Age
36
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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