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Nebo, QLD 4742

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 Nebo, QLD 4742 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™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Nebo, QLD 4742”

  1. The total adult population (15 years or older) of Nebo 4742 QLD is 704, with a median age of 37. Of those, 38.78% are married, 18.32% are divorced or separated, 39.77% are single and 2.41% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $9,420. The median monthly mortgage repayment for households in this suburb is $1,300 which is 13.80% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburban area of NEBO 4742, nestled within Queensland, comprises an estimated 749 households. As at Q3 2023, the standard house price in NEBO 4742 is recorded at $211,129, with a median weekly rent of $298. Significantly, the indicative yield from these properties sits around an impressive 7.34%, well above the 3% generally considered attractive to cashflow-centred property investors.

    The socio-economic score for the NEBO area stands at 906 out of 1217, painting a picture of an area boasting favourable socio-economic factors. The renter to owner ratio is somewhat more questionable, calculated at 43% which is higher than the preferred 30% benchmark. However, the units to houses ratio at 12% presents less saturation in the rentals market, which can be appealing to landlords due to less competition.

    When considering the Affordability Index, houses in NEBO show an estimated ownership duration of 30 years, based on factors such as current interest rates, median family income, and typical property prices. This suggests a high level of affordability within the community.

    From a supply perspective, the stock on market Percentage for houses is favourably low at 0.14%, and the inventory Level, an indicator of supply and market absorption, is also impressively low at 0.71 months. The building approvals Ratio also remains at a favourable 0.0%, reflecting a low influx of new dwellings contributing to the property market.

    However, it is noteworthy that the days on market (DoM) for houses is relatively high at 303 days, indicating less demand from buyers. Yet, the Vacancy Rate, a firm indication of demand, remains favourably low at 0.62% suggesting that there is a predominantly occupied market.

    Lastly, the buy search index for house buyers sits at 3, perhaps pointing to slightly limited online interest in NEBO’s property market.

    Regardless, as savvy property investors will attest, it’s prudent to assess a sum of metrics in a comprehensive manner rather than expecting every single metric to fall within favourable ranges. Not to forget, the RCS (Relative Composite Score) by HtAG Analytics further simplifies this investigation by providing an automated score that evaluates more than 80 different factors.

    In conclusion, keeping a keen eye out for changes and developments in these property market statistics will be integral in supporting informed and beneficial real estate investment decisions in NEBO 4742.

    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.

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