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Dakabin, QLD 4503

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 Dakabin, QLD 4503 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 “Dakabin, QLD 4503”

  1. The total adult population (15 years or older) of Dakabin 4503 QLD is 4,078, with a median age of 30. Of those, 36.34% are married, 15.40% are divorced or separated, 45.78% are single and 2.23% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,584. The median monthly mortgage repayment for households in this suburb is $1,800 which is 23.73% of their earnings.

    Source: ABS Census Data (2021)

  2. Dakabin 4503, situated in QLD, is home to an estimated 2163 households. As of Q3 2023, the typical house prices in the suburb sit at $763,351. Simultaneously, the median weekly rent for these houses is at $511, which, when calculated, produces an indicative yield of approximately 3.48% – a convincing number for property investors.

    The suburb reveals a robust socio-economic stature with an IRSAD score of 951 out of 1217. This metric suggests that the Dakabin population has above-average access to economic resources, signs of higher-than-normal income levels, and a prevalence of skilled professions.

    However, it’s crucial to note the renter to owner ratio in Dakabin – at 61%, this suggests a high proportion of renters, which might limit potential return on investment and increase competition amongst landlords.

    In contrast, the units to houses ratio of just 1% in Dakabin is very favourable. This low ratio indicates a market in favour of houses than units, suggesting fewer competitors for landlords and a more stable rental yield. Also, properties with more houses than units tend to attract long-term tenants, particularly families, thereby assuring landlords of continuous occupancy.

    The affordability index for Dakabin stands at 39 years. As it’s above the standard 30-year mortgage term, this figure may suggest decreased affordability in the house market in this area.

    The stock on the market percentage and building approvals ratio for houses are both favourably low at 0.25%, suggesting limited supply that could lead to higher house prices. Additionally, the inventory level for houses is at 1.66 months – another positive indicator reflective of low supply.

    Despite these advantageous supply metrics, the average number of days houses remain active on the market is a high 150 days, indicating relatively lower demand. While this might concern potential investors, the vacancy rate for combined houses and units stands low at 0.83%, suggesting an overall high demand for properties in Dakabin.

    Dakabin’s buy search index for houses rates at 3, which although is on the lower side, it’s not all doom and gloom – it opens the door for potential buying opportunities for savvy investors looking to capitalise on potentially under-valued properties.

    In summary, while Dakabin offers a mixed bag of metrics, its favourable socio-economic score, limited supply, and high indicative yield can be attractive to property investors. Investors should, however, keep a watchful eye on the potential risks associated with its high renter-to-owner ratio and limited buying interest.

    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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