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Gooburrum

Suburb Profile

Gooburrum - FREE 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 5.27% for the past year.

Investors saw the median home price rise to $389,500.

Profits due to an downward trend in home prices in the suburb averaged -2.42% per annum over a 3-year period.

GOOBURRUM now ranks at the 111th 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.

Because of this real estate investors could earn a rental income of $395 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 GOOBURRUM, homes and units usually stay on listing for an average of 94.2 days.

In 2016, 22 properties were sold in GOOBURRUM during the past year, making it the 516th 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 $389,500 N/A
GROWTH REPORT
Median Quarterly 5.99% N/A
Median 12 month 5.27% N/A
Median 3 years -7.26% N/A
Median 5 years 3.45% N/A
10 years average annual 1.82% N/A
Weekly media advert. rent $395 N/A
Time on Market 94.2 days N/A
Gross Rental Yield Percent 5.27% N/A
demographics (median values)
Total Population
697
Weekly Household Income
1236
Household Size
3.10
demographics
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