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Gooburrum
AREA REPORTS

Gooburrum

Gooburrum - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4670

house

GOOBURRUM, 4670 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 GOOBURRUM, 4670 values up and netting property investors a capital gain of 56.64% for the past year.

Investors saw the median home price rise to $560,000.

Profits due to an upward trend in home prices in the suburb averaged 18.74% per annum over a 3-year period.

GOOBURRUM now ranks at the 5th 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 GOOBURRUM are high, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GOOBURRUM, homes and units usually stay on listing for an average of 44.3 days.

In 2016, 23 properties were sold in GOOBURRUM during the past year, making it the 552nd most active market in QLD based on total real estate transactions.

Data report can be found below

Gooburrum
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $560,000 N/A
GROWTH REPORT
Median Quarterly 29.78% N/A
Median 12 month 56.64% N/A
Median 3 years 56.21% N/A
Median 5 years 33.33% N/A
10 years average annual 4.99% N/A
Weekly media advert. rent N/A N/A
Time on Market 44.3 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
697
Weekly Household Income
1236
Household Size
3.10
Age
39
Monthly Loan Repayment
1000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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