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Nambour
AREA REPORTS

Nambour

Nambour - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4560

house
unit

NAMBOUR, 4560 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 NAMBOUR, 4560 values up and netting property investors a capital gain of 16.67% for the past year.

Investors saw the median home price rise to $490,000.

Profits due to an upward trend in home prices in the suburb averaged 8.55% per annum over a 3-year period.

NAMBOUR now ranks at the 239th 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 NAMBOUR 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 $450 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 NAMBOUR, homes and units usually stay on listing for an average of 33.5 days.

In 2016, 297 properties were sold in NAMBOUR during the past year, making it the 427th most active market in QLD based on total real estate transactions.

Data report can be found below

Nambour
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $490,000 $332,000
GROWTH REPORT
Median Quarterly 6.75% 8.14%
Median 12 month 16.67% 19.64%
Median 3 years 25.64% 25.28%
Median 5 years 38.03% 18.78%
10 years average annual 4.27% 3.62%
Weekly media advert. rent $450 $340
Time on Market 33.5 days 58.0 days
Gross Rental Yield Percent 4.78% 5.33%
demographics (median values)*
Total Population
9776
Weekly Household Income
684.9
Household Size
2.40
Age
39
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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