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Dakabin
AREA REPORTS

Dakabin

Dakabin - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4503

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unit

DAKABIN, 4503 delivered a weaker 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 DAKABIN, 4503 values up and netting property investors a capital gain of 3.89% for the past year.

Investors saw the median home price rise to $480,500.

Profits due to an upward trend in home prices in the suburb averaged 1.37% per annum over a 3-year period.

DAKABIN now ranks at the 509th 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 DAKABIN are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $405 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 DAKABIN, homes and units usually stay on listing for an average of 29.6 days.

In 2016, 68 properties were sold in DAKABIN during the past year, making it the 143rd most active market in QLD based on total real estate transactions.

Surburb overview

Dakabin is a rapidly developing residential and industrial area in the Moreton Bay Region of Australia, known for its tight-knit community, lovely parks and sprawling meadows. Dakabin borrows its name from the Aboriginal word for a species of grass tree endemic to the area and is situated 26 kilometres away from the Brisbane Central Business District. 

Real estate overview

Dakabin previously consisted of vast acreage properties, but it is gradually shifting into an urban and residential hub. Satisfied residents cite its closeness to North Lakes as an advantage, which provides them instant access to lifestyle amenities. In addition, Dakabin is just a short drive away from popular tourist spots in neighbouring Queensland suburbs and large-scale shopping centres.

Dakabin, along with its surrounding suburbs, has posted record gains in terms of population growth and occupancy. The average rent for a property nowadays in Dakabin ranges between AU$270 and AU$440, based on the latest market listings. Meanwhile, the average lots and housing and land packages cost between AU$259,000 and AU$600,000.

Transportation

Dakabin has its own railway station, which links the suburb to Caboolture and the Sunshine Coast. It is also accessible through private car via Bruce Highway. Dakabin is also connected to the suburbs of Roma Street, Springfield Central, Ipswich and Rosewood through the railway line.

Data report can be found below

Dakabin
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,500 $525,500
GROWTH REPORT
Median Quarterly 3.78% 2.84%
Median 12 month 3.89% 48.03%
Median 3 years 4.12% 43.97%
Median 5 years 6.78% 43.97%
10 years average annual 1.31% 7.59%
Weekly media advert. rent $405 $337.5
Time on Market 29.6 days 90.5 days
Gross Rental Yield Percent 4.38% 3.34%
demographics (median values)*
Total Population
1275
Weekly Household Income
1267
Household Size
3.10
Age
34
Monthly Loan Repayment
1473
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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