Fraud Blocker

Kamerunga, QLD 4870

Home » QLD Real Estate Data » Cairns Regional, QLD » Kamerunga, QLD 4870

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Kamerunga, QLD 4870 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Kamerunga, QLD 4870”

  1. The total adult population (15 years or older) of Kamerunga 4870 QLD is 767, with a median age of 39. Of those, 46.41% are married, 13.95% are divorced or separated, 38.20% are single and 2.22% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $9,664. The median monthly mortgage repayment for households in this suburb is $1,733 which is 17.93% of their earnings.

    Source: ABS Census Data (2021)

  2. The Queensland suburb of Kamerunga, postcode 4870, is home to approximately 617 households. In the third quarter of 2023, the typical house price in Kamerunga was pegged at an attractive $627,167, whilst the median weekly rent sat at $598. This resulted in a compelling indicative yield of 4.96%, likely to appeal to savvy, cashflow-centered property investors.

    Kamerunga’s socio-economic status, as represented by an IRSAD score of 1027 out of 1217, suggests residents enjoy robust access to economic resources, professionally skilled roles, and above-average income levels. Contributing positively to this is a favourable renter to owner ratio of 15% alongside a units to houses ratio of 14%. Both these figures indicate lower competition among landlords for tenants, and potential for longer tenancies, most likely with families. This further reinforces the overall appeal.

    In terms of affordability, Kamerunga is highlighting a promising landscape. The suburb’s affordability index for houses is at 25 years. This statistic suggests a shorter duration needed to fully own a property in this suburb compared to those exceeding 31 years – a clear indication of the area’s favourable affordability.

    From a supply perspective, the stock on market Percentage for houses in Kamerunga is 0.43%, reflecting the lower end of the neutral range. With an inventory level of just 1.6 months, this reflects a favourable, low-supply market scenario. The housing development in the area is growing at a moderated rate, with a building approvals Ratio of 1.49%.

    Notably, the average number of days houses in Kamerunga spend on the market is 52 days, placing it in a neutral demand environment. Vacancy rates, blending both houses and units, are at a balanced 2.11%.

    Not to be overshadowed, the buy search index for houses stands robustly at 6. This positive figure indicates active demand from potential homebuyers and investor interest, adding another tick in Kamerunga’s favour.

    Ultimately, when considering real estate investment decisions, understanding and interpreting all these elements and nuances is crucial. Each suburb presents its unique metrics, trends and potential opportunities. The relative balance of Kamerunga’s indicators and its positioning within the overall national landscape makes it a compelling property market to consider. Keep in mind that while some measure might present neutral or less favourable conditions, this is balanced out by the overall favourable conditions in the most important metrics. The implementation of the RCS metric developed by HtAG Analytics, for instance, provides the ideal tool to navigate and interpret these complexities while providing automated, detailed and accurate overviews of the property market health of suburbs like Kamerunga.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment