Powered by MOMENTUM MEDIA
Nanango
AREA REPORTS

Nanango

Nanango - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4615

house

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 $209,000.

The upward trend in home prices in NANANGO, 4615 averaged 2.39% per annum over a 3-year period.

Average weekly rents on listings have reached the $260 mark, reflecting a 6.47% increase in returns based on the current median price in NANANGO.

An average of 7.83 real estate transactions take place per month in NANANGO which translates to 94 per annum.

94 properties were sold in NANANGO in 2016, making it the 426th most active market in QLD based on total real estate transactions.

NANANGO, 4615 places 635th in Australia based on median property value growth during the quarter.

Data report can be found below

Nanango
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $209,000 N/A
GROWTH REPORT
Median Quarterly -0.48% N/A
Median 12 month 6.91% N/A
Median 3 years 7.18% N/A
Median 5 years 16.11% N/A
10 years average annual -0.33% N/A
Weekly media advert. rent $260 N/A
Time on Market 120.8 days N/A
Gross Rental Yield Percent 6.47% N/A
demographics (median values)*
Total Population
3422
Weekly Household Income
596.1
Household Size
2.50
Age
42
Monthly Loan Repayment
700
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.