Suburb Profile Report for Durack QLD (4077)

Durack House: Median price $392,500, Annual capital growth 5.09%, Number of sales 79, Weekly median advertised rent $350

Durack Unit: Median price $353,000, Annual capital growth 1.76%, Number of sales 47, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Durack have tracked lower than the QLD average of 2.22% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Durack comes in at number 185th in QLD.

Vendor discounting in Durack is giving property investors an average Vendor Discount of around -4.43%. This puts suburb at number 718th in QLD when ranking the most discounted suburbs.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Durack has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.15% to date .

Comparing Durack,4077 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Durack is 191th on a list of best yielding suburbs for rents in QLD with a 5.38% return

HOUSE UNIT
$392,500 $353,000
1.09% 0.00%
-6.55% 1.15%
5.09% 1.76%
$350 $365
79 47
4.64% 5.38%
53.1 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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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