Fraud Blocker

Taroomball, QLD 4703

Home » QLD Real Estate Data » Livingstone Shire, QLD » Taroomball, QLD 4703

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 Taroomball, QLD 4703 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 “Taroomball, QLD 4703”

  1. The total adult population (15 years or older) of Taroomball 4703 QLD is 879, with a median age of 35. Of those, 53.92% are married, 10.13% are divorced or separated, 32.54% are single and 2.62% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $10,500. The median monthly mortgage repayment for households in this suburb is $1,950 which is 18.57% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the heart of QLD, the delightful suburb of TAROOMBALL 4703 is home to approximately 474 households. Reflecting on the statistics from Q3 of 2023, houses in TAROOMBALL 4703 hit the market showcasing a typical price of $711,241. The median weekly rent sits at $601, delivering a rewarding indicative yield of 4.39%.

    A deeper inspection into the social fabric reveals an IRSAD score of 1014 out of 1217, highlighting a sturdy socio-economic environment rich in resources and boasting a high degree of skilled professions. Balancing the dynamic of the property landscape, the suburb displays a renter to owner ratio of 24%, indicating a healthy owner-occupier market not overly saturated with rental dwellings.

    The unit to houses ratio is an appealing 2%, suggesting a market where houses dominate, which can often lessen competition among landlords in search of tenants. Taroomball’s affordability index sits efficiently at 27 years, falling within the more affordable range when compared to the state context.

    Data from Q3 2023 unveils a stock on market percentage for houses at 0.42%, conveying a relatively low supply scenario that can result in an increased property value growth rate. inventory levels for houses rest at 1.2 months, indicating an absorptive property market able to handle new listings seamlessly.

    The building approvals ratio for houses is quite high, coming in at 4.43%, possibly indicating a steep influx of new house developments. The opposing pressures of demand and supply reflect with an average of 120 days on market for houses. This slightly higher figure may hint towards a more balanced market with better negotiation potential for buyers.

    Blending vacancy rates of both houses and units, the suburb unveils a rate of 3.54%, edging towards the higher end but remaining within acceptable limits. Investors may consider properties here for stable rental income opportunities. Simultaneously, a buy search index for houses of 5 signifies a steady level of interest among potential buyers.

    As investors, it’s pivotal to bear ongoing awareness of market developments, recognising this blend of market conditions offers an intriguing investment prospect. As underscored by the TAROOMBALL’s RCS metric, these dynamics can serve as a confident starting point for making informed decisions about tomorrow’s prospects in the real estate market.

    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