Suburb Profile Report for Middle Park QLD (4074)

Middle Park House: Median price $589,750, Annual capital growth 4.91%, Number of sales 64, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Expert Report

Middle Park has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.46% to date .

Comparing Middle Park,4074 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Middle Park is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 728th in terms of most discounted suburbs in QLD

On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.

Renters in Suburb are facing rents around $5760 per annum or $480 every week.

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Middle Park is 12km south-west of the Brisbane CBD. It’s within easy reach of the Centenary and Ipswich motorways into the city, and the nearest rail stations are the Darra and Wacol stations, which offer a number of routes into the city via the Corinda interchange. It’s well-served for amenities, with the recently-refurbished Park Village shopping centre located in the suburb, as well as a number of schools.
Full summary
Middle Park is 12km south-west of the Brisbane CBD. It’s within easy reach of the Centenary and Ipswich motorways into the city, and the nearest rail stations are the Darra and Wacol stations, which offer a number of routes into the city via the Corinda interchange. It’s well-served for amenities, with the recently-refurbished Park Village shopping centre located in the suburb, as well as a number of schools.
The median house price for the area is more than $500,000 according to RP Data, but three-bedroom reno projects are available from under $400,000.
Close
HOUSE UNIT
$589,750 N/A
0.47% N/A
3.46% N/A
4.91% N/A
$480 N/A
64 N/A
4.23% N/A
41.36 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4026
Median household income ($/weekly) 1922
Median age of persons 38
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 550 13.7
    25-34 years 405 10.1
    35-44 years 606 15.1
    45-54 years 673 16.7
    55-64 years 574 14.3
    Others 1216 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 1776 58.5
    Not Married 1103 36.3
    Defacto Relationship 156 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2465 63.2
    Papua New Guinea 147 3.8
    United Kingdom 284 7.3
    Viet Nam 104 2.7
    Other 222 5.7
    Others 680 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 193 5.1
    Christianity 2581 67.7
    Hinduism 174 4.6
    Islam 27 0.7
    No Religion 807 21.2
    Others 30 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 93 7.6
    $1,500-$1,999 168 13.8
    $2,000-$2,499 182 14.9
    $2,500-$2,999 156 12.8
    $3,000-$3,499 115 9.4
    Others 506 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1413 45.2
    Not in the labour force 853 27.3
    Employed, worked part-time 653 20.9
    Employed, away from work 109 3.5
    Unemployed, looking for work 99 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 311 14.3
    Professionals 648 29.8
    Technicians & trades workers 244 11.2
    Community & personal service workers 192 8.8
    Clerical & administrative workers 378 17.4
    Others 400 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 49 4.6
    Infants/Primary 375 35.5
    Secondary 301 28.5
    Technical or Further Educational Institution 63 6.0
    University or other Tertiary Institutions 239 22.6
    Others 30 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3745 96.7
    Semi-detached, row or terrace house, townhouse 125 3.2
    Flat, unit or apartment 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 608 45.7
    Fully owned 503 37.8
    Rented 214 16.1
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals