Suburb Profile Report for Mcdowall QLD (4053)

Mcdowall House: Median price $630,000, Annual capital growth 3.92%, Number of sales 103, Weekly median advertised rent $520

Mcdowall Unit: Median price $374,000, Annual capital growth 3.95%, Number of sales 19, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Mcdowall, 4053 have given investors a capital gain of 1.61%. This compares averagely with the 2.51% for QLD as a whole.

If we look at median property appreciation over just the last three months, Mcdowall has given property investors a paper return of 0.00%. This puts Suburb as 485 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Mcdowall is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 726th in terms of most discounted suburbs in QLD

Property value increases in Mcdowall have tracked lower than the QLD average of 0.65% over the last 12 months.

Across a shorter period, Mcdowall, 4053 has seen a median price increase of -6.50% over the last quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Mcdowall itself are offering an average vendor discount of -4.33% to real estate investors.

Often selling an investment property can take time, and in Mcdowall the average time real estate has been on the market is 55 days.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.95%, investors should hope to achieve an overall return of 5.28%

Metrics i HOUSE UNIT
$630,000 $374,000
0.00% -6.50%
1.61% -20.43%
3.92% 3.95%
$520 $380
103 19
4.29% 5.28%
49.32 55

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6818
Median household income ($/weekly) 1938
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1010 14.8
    25-34 years 717 10.5
    35-44 years 1047 15.4
    45-54 years 1080 15.8
    55-64 years 873 12.8
    Others 2089 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 3039 59.7
    Not Married 1694 33.3
    Defacto Relationship 361 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5347 80.0
    Papua New Guinea 176 2.6
    South Africa 101 1.5
    United Kingdom 262 3.9
    Other 202 3.0
    Others 598 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.2
    Christianity 5117 79.3
    Hinduism 64 1.0
    Islam 35 0.5
    No Religion 1120 17.4
    Others 34 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 171 8.1
    $1,500-$1,999 318 15.1
    $2,000-$2,499 282 13.4
    $2,500-$2,999 300 14.2
    $3,000-$3,499 188 8.9
    Others 847 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2390 45.5
    Not in the labour force 1347 25.6
    Employed, worked part-time 1181 22.5
    Employed, away from work 215 4.1
    Unemployed, looking for work 121 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 539 14.2
    Professionals 1006 26.6
    Technicians & trades workers 418 11.0
    Clerical & administrative workers 691 18.2
    Sales 405 10.7
    Others 729 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 87 5.0
    Infants/Primary 713 40.7
    Secondary 468 26.7
    Technical or Further Educational Institution 110 6.3
    University or other Tertiary Institutions 338 19.3
    Others 37 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6255 94.3
    Semi-detached, row or terrace house, townhouse 305 4.6
    Flat, unit or apartment 62 0.9
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 995 43.3
    Fully owned 884 38.5
    Rented 414 18.0
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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