Fraud Blocker

Kurwongbah, 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 Kurwongbah, 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™

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 “Kurwongbah, QLD 4503”

  1. The total adult population (15 years or older) of Kurwongbah 4503 QLD is 1,251, with a median age of 42. Of those, 56.67% are married, 9.83% are divorced or separated, 29.90% are single and 3.52% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $8,792. The median monthly mortgage repayment for households in this suburb is $2,037 which is 23.17% of their earnings.

    Source: ABS Census Data (2021)

  2. The Queensland suburb of Kurwongbah, pin code 4503, is a vibrant residential area consisting of approximately 563 households. As of the third quarter of 2023, the typical housing prices in Kurwongbah stand at $962,327 with a median weekly rent pricing at $550. This housing temperature amounts to an indicative yield of 2.97%, which is slightly below the 3% mark considered attractive for cashflow-focused property investors.

    In terms of socioeconomic factors, Kurwongbah boasts an IRSAD score of 1016 out of a possible 1217, suggesting an above-average socio-economic status for the area. This score is supported by an appealing renter to owner ratio of 12%, much lower than the 30% threshold, reducing the risk of market over-saturation with rental properties. Further strengthening the investment profile is the unit to house ratio of just 1%, suggesting a predominance of houses over units, increasing the region’s desirability for families looking for longer tenancy periods.

    However, the affordability index reveals a period of 41 years to fully own a property in Kurwongbah, slightly exceeding the limit of 31 years that indicates greater affordability. This suggests potential challenges for families seeking to own properties in this area.

    The suburb exhibits a favourable stock on market Percentage of 0.36%, implying low supply. The area also has an inventory level of 2.4 months indicating a balanced market. Moreover, with building approvals Ratio for houses standing at 0.18%, there appears to be a low influx of new dwelling supply into the property market.

    Despite these positive signs, Kurwongbah has a lengthier days on market (DoM) average for houses at 93 days, suggesting lower demand. A vacancy rate of 4.41% for combined houses and units reinforces this element of decreased demand. Moreover, the buy search index for the suburb sits at 3, which may point towards limited demand from potential homebuyers.

    Even with some areas of caution, the Kurwongbah property market holds potential for investors due to a balance of favourable socio-economic, supply and fundamental factors. As with any property investment, a careful analysis of various factors and market trends is advised.

    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