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Bundall, QLD 4217

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 Bundall, QLD 4217 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 “Bundall, QLD 4217”

  1. The total adult population (15 years or older) of Bundall 4217 QLD is 4,027, with a median age of 41. Of those, 49.09% are married, 13.21% are divorced or separated, 33.87% are single and 3.87% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $9,136. The median monthly mortgage repayment for households in this suburb is $2,600 which is 28.46% of their earnings.

    Source: ABS Census Data (2021)

  2. Housing in the suburb of Bundall 4217, positioned in QLD, comprises an approximate number of 2824 households. As of the third quarter of 2023, the typical price for houses in Bundall 4217 stands at an attractive $1,470,400. The prevailing median weekly rent is set at $1042, culminating in a promising indicative yield of around 3.68%. This exceeds the minimum attractive market requirement of 3%, making it a potentially profitable milieu for cashflow-focused property investors.

    The IRSAD score, a measure of the area’s socio-economic strength, is 1068 out of a possible 1217. This gives an indication of the region’s prosperous conditions featuring considerably high income levels, vibrant economic activities, and a skilled workforce. This score is a positive sign for potential investors, as it could augur well for robust rental demand and capital growth.

    In Bundall, the renter to owner ratio is a favourable 26%, less than the 30% threshold. Lower renter to owner ratios are beneficial for property investors as these markets tend to afford higher returns in the long run. They are less prone to risks associated with high competition with other property investors, and maintain a wholesome neighbourhood ‘vibe’ due to a lower proportion of renters.

    The unit to houses ratio is also a beneficial 35%, implying there’s less competition amongst landlords for tenants, which can help ensure higher rental yields. Suburbs with these characteristics often attract family tenants, who usually have longer tenancy periods.

    However, the affordability index for houses stands at 63 years, representing an increased challenge for fully owning a property in this area due to increased property prices relative to the median family income.

    The stock on the market for houses mirrors a low supply condition of 0.36%, which is indicated as favourable. Similarly, the inventory for houses also shows favourable lower supply levels of 2.0 months, an optimal climate for property investors. The building approvals Ratio, however, may indicate a possible increase in supply, being approximately at 0.96%, close to the 1% threshold.

    With days on market for houses at 195, demand appears to be lower for now, but coupled with the moderate vacancy rate of 1.63%, rental demand still seems stable. The buy search index for houses at 5 indicates around average demand as per the state/city average.

    The above metrics, while including some outliers, generally reflect a favourable environment for investing particularly for cashflow-focused property investors due to the attractive indicative yield, IRA score, renter-to-owner, and units-to-houses ratios, coupled with low supply conditions. It’s crucial to continue monitoring these trends in the real estate market, as well as utilising assessment tools such as HtAG Analytics’ Relative Composite Score to streamline investment research, leveraging over 80 metrics for a comprehensive investment analysis.

    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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