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Kuraby
AREA REPORTS

Kuraby

Kuraby - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4112

house
unit

Property investors have seen a 4.81% gain in KURABY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KURABY, 4112 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 16.62%.

Based on its average 5-year and quarterly capital gains KURABY, 4112 saw average growth in the long term.

The QLD 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 $828,000

Profits averaged 6.38% per annum over a 3-year period, due to an upward trend in home prices in KURABY, 4112.

This means, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

The gross rental yield in KURABY, 4112 is 3.33%.

An average of 9.58 real estate transactions take place per month in KURABY which translates to 115 per annum.

Data report can be found below

Kuraby
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $828,000 $315,000
GROWTH REPORT
Median Quarterly 4.81% 5.7%
Median 12 month 16.62% 13.51%
Median 3 years 19.14% 7.33%
Median 5 years 21.86% 5.79%
10 years average annual 4.81% 0.43%
Weekly media advert. rent $530 $377.5
Time on Market 27.6 days 56.0 days
Gross Rental Yield Percent 3.33% 6.23%
demographics (median values)*
Total Population
6404
Weekly Household Income
1307
Household Size
3.10
Age
33
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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