AREA REPORTS

Robina

Suburb Profile

Robina - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4226

house
unit

ROBINA, 4226 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling ROBINA, 4226 values up and netting property investors a capital gain of 2.63% for the past year.

Investors saw the median home price rise to $693,000.

Profits due to an upward trend in home prices in the suburb averaged 6.15% per annum over a 3-year period.

ROBINA now ranks at the 400th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ROBINA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $560 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ROBINA, homes and units usually stay on listing for an average of 55.7 days.

In 2016, 320 properties were sold in ROBINA during the past year, making it the 372nd most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $693,000 $471,000
GROWTH REPORT
Median Quarterly 0.43% 2.39%
Median 12 month 2.63% 3.4%
Median 3 years 18.46% 8.28%
Median 5 years 34.56% 17.75%
10 years average annual 2.58% 0.44%
Weekly media advert. rent $560 $490
Time on Market 55.7 days 88.1 days
Gross Rental Yield Percent 4.2% 5.41%
demographics (median values)
Total Population
19184
Weekly Household Income
1112
Household Size
2.70
demographics
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