Suburb Profile Report for Durack QLD (4077)

Durack House: Median price $425,000, Annual capital growth 5.79%, Number of sales 72, Weekly median advertised rent $360

Durack Unit: Median price $354,000, Annual capital growth -1.46%, Number of sales 45, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Durack have tracked just higher than the QLD average of 2.11% over the last 12 months.

Over the longer term, Durack has seen property prices show investors a 28.40% return over the last 3 years. This is worse than over the last 12 months

At number 620th of QLD’s most discounted properties, Durack is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Renters in Suburb are facing rents around $4320 per annum or $360 every week.

Durack, 4077 ranked 190th in QLD when comparing growth in median property values or capital gain over the last 12 months. Durack is one of 2415 in our list for QLD

Durack,4077 has offered an average of 0.57% return per annum in house price rises to property investors over the last three years.

With the median price for a house in Durack being $354000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.14%

HOUSE UNIT
$425,000 $354,000
0.83% 0.43%
7.73% 0.57%
5.79% -1.46%
$360 $350
72 45
4.40% 5.14%
39.9 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6177
Median household income ($/weekly) 939
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 745 12.1
    25-34 years 851 13.8
    35-44 years 761 12.3
    45-54 years 777 12.6
    55-64 years 640 10.4
    Others 2403 38.9
    Age Group
    Census Count Percent(%)
    Not Married 2179 47.3
    Registered Married 2088 45.3
    Defacto Relationship 339 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3373 58.0
    Papua New Guinea 242 4.2
    United Kingdom 264 4.5
    Viet Nam 885 15.2
    Other 443 7.6
    Others 613 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 853 15.1
    Christianity 3516 62.1
    Hinduism 52 0.9
    Islam 239 4.2
    No Religion 963 17.0
    Others 38 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 240 11.9
    $400-$599 288 14.3
    $600-$799 207 10.3
    $1,000-$1,249 188 9.3
    $1,500-$1,999 251 12.5
    Others 839 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2053 44.1
    Employed, worked full-time 1586 34.1
    Employed, worked part-time 657 14.1
    Unemployed, looking for work 207 4.4
    Employed, away from work 153 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 357 14.9
    Technicians & trades workers 360 15.0
    Clerical & administrative workers 317 13.2
    Machinery operators & drivers 294 12.3
    Labourers 386 16.1
    Others 682 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 57 4.7
    Infants/Primary 437 35.9
    Secondary 343 28.2
    Technical or Further Educational Institution 113 9.3
    University or other Tertiary Institutions 224 18.4
    Others 42 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4988 85.1
    Semi-detached, row or terrace house, townhouse 518 8.8
    Caravan, cabin, houseboat 282 4.8
    Flat, unit or apartment 73 1.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 690 32.0
    Fully owned 652 30.3
    Rented 560 26.0
    Other tenure type 251 11.7
    Tenure Type
Census 2011, ABS
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