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Arundel
AREA REPORTS

Arundel

Arundel - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4214

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 $685,000.

The upward trend in home prices in ARUNDEL, 4214 averaged 6.45% per annum over a 3-year period.

Average weekly rents on listings have reached the $560 mark, reflecting a 4.25% increase in returns based on the current median price in ARUNDEL.

An average of 16.67 real estate transactions take place per month in ARUNDEL which translates to 200 per annum.

200 properties were sold in ARUNDEL in 2016, making it the 614th most active market in QLD based on total real estate transactions.

ARUNDEL, 4214 places 435th in Australia based on median property value growth during the quarter.

Data report can be found below

Arundel
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $685,000 $370,000
GROWTH REPORT
Median Quarterly 4.58% 7.25%
Median 12 month 9.2% 9.14%
Median 3 years 19.34% 12.12%
Median 5 years 26.15% 10.61%
10 years average annual 3.66% 1.73%
Weekly media advert. rent $560 $430
Time on Market 52.4 days 36.1 days
Gross Rental Yield Percent 4.25% 6.04%
demographics (median values)*
Total Population
9309
Weekly Household Income
1120
Household Size
2.80
Age
34
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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