Fraud Blocker

Berrinba, QLD 4117

Home » QLD Real Estate Data » Logan City, QLD » Berrinba, QLD 4117

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 Berrinba, QLD 4117 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 “Berrinba, QLD 4117”

  1. The total adult population (15 years or older) of Berrinba 4117 QLD is 1,791, with a median age of 27. Of those, 47.24% are married, 10.89% are divorced or separated, 39.48% are single and 2.46% are widowed.

    The average household size is 3.5 people per dwelling, and the median household monthly income is estimated to be $7,416. The median monthly mortgage repayment for households in this suburb is $1,733 which is 23.37% of their earnings.

    Source: ABS Census Data (2021)

  2. BERRINBA 4117, situated in QLD, encompasses approximately 1136 households. As of Q3 2023, the typical price for houses in this suburb stands at an appealing $628,985. At the median weekly rent price of $494, these houses present an attractive indicative yield of 4.08%, above the minimum requirement of 3% for cashflow-focused investors.

    Socio-economically, Berrinba boasts a solid IRSAD score of 933 out of 1217, indicating a relatively prosperous resident demographic. However, property investors should note the higher renter to owner ratio of 47%. While a rental market presence is advantageous for immediate cash flow, too high a percentage can introduce risk and competition amongst landlords.

    The units to houses ratio in Berrinba is a mere 2%, indicating a definite dominance of houses over units. This can mean less competition among landlords for tenants and longer tenancy periods typical with families. The suburb’s affordability index is at 33 years, slightly above the standard mortgage period, suggesting a slightly more challenging environment for homeownership.

    Speaking of supply metrics, the stock on market percentage for houses is a low 0.31%, a positive indicator for investors due to limited supply. Further positive news for investors arrives in the shape of inventory levels for houses averaging just over a month – a low and thus favourable reading of 1.06 months. Nonetheless, it is worth noting that the building approvals ratio stands at a substantial 5.09%, implying potential future growth in housing supply.

    In terms of demand metrics, the days on market indicator for houses rests comfortably at 15 days, indicating high local demand. The exceptionally low vacancy rate of 0.38% corroborates this strong rental demand in the area. Rounding off the statistic, the buy search index for houses is 4, slightly above the average, signifying a moderate level of buyer interest.

    While there are some discrepancies, the overall metrics for Berrinba 4117 suggest it is a worthwhile option to consider for property investment. As always, keeping an eye on the market trends in this suburb and utilising tools like the RCS (Relative Composite Score) metric by HtAG Analytics is recommended to get a comprehensive understanding before making investment decisions.

    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