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New Beith, QLD 4124

Home » QLD Real Estate Data » Logan City, QLD » New Beith, QLD 4124

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 New Beith, QLD 4124 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 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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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 “New Beith, QLD 4124”

  1. The total adult population (15 years or older) of New Beith 4124 QLD is 4,172, with a median age of 35. Of those, 62.46% are married, 6.54% are divorced or separated, 29.24% are single and 1.77% are widowed.

    The average household size is 3.5 people per dwelling, and the median household monthly income is estimated to be $10,732. The median monthly mortgage repayment for households in this suburb is $2,289 which is 21.33% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of Queensland, the suburb of New Beith 4124 hosts 1886 households. As property market conditions stood in Q3 of 2023, the typical housing prices in this region stood at $1,062,818. Housing rental values exhibited a median weekly rate of $711, which effectively gives an indicative yield of approximately 3.48%.

    The socio-economic profile of the suburb is relatively strong, with an IRSAD score of 1057 out of 1217, demonstrating good economic resource access and income levels for its residents. The renter to owner ratio stands favourable at 23%, indicating that a majority of homes are owner-occupied. This can create a more stable residential environment and potentially result in longer tenancy periods for any rental properties.

    In terms of the makeup of the property market, there are effectively no units compared to houses, as indicated by a 0% units to houses ratio. This can result in less landlord competition for tenants, potential for higher rental yields and more appeal for families seeking property in the area.

    However, the affordability index for houses is high, at 39 years, suggesting that the local property market may be out of reach for some, particularly first-home buyers. This could impact potential future demand for homeownership within the suburb.

    For property investors, the suburb’s market supply and demand indicators illustrate a favourable environment. The stock on market percentage for houses is low at 0.21%, indicating a low supply environment which could create competition amongst buyers and drive prices up. Also, the inventory level for dwellings in the market stands at a really low level of 0.68 months, pointing to a high absorption rate for new properties.

    Building approvals exhibit a ratio of 1.22%, indicating some growth in new dwelling stock in the suburb. The average number of days on the market for houses is quite low at 22, suggesting high demand.

    Adding to investor appeal, the vacancy rate – covering both houses and units – sits at an ultra-low 0.7%, hinting at a highly tenanted area which could mean high rental demand. Searching interest for buying properties is average as the buy search index for houses is indicated as 5.

    Notwithstanding some metrics in unfavourable ranges like ‘years to own’, majority of other metrics suggest New Beith 4124, QLD could be a promising investment area, principally due to favourable demand indicators coupled with relatively low supply. But as it all boils down to trends, investors are advised to monitor metrics frequently to capitalise on any emerging opportunities.

    This market commentary should ideally be complemented by broader investment tools like RCS (Relative Composite Score) developed by HtAG Analytics, which offers a more comprehensive and automated analysis of various property market metrics and their trends across multiple regions in Australia.

    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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