Suburb Profile Report for Point Lookout QLD (4183)

Point Lookout House: Median price $895,000, Annual capital growth 14.81%, Number of sales 18, Weekly median advertised rent N/A

Point Lookout Unit: Median price $426,000, Annual capital growth 2.35%, Number of sales 36, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Point Lookout, 4183 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 49.42%

When looking at the potential capital gains offered to property investors over the last 3 years, Point Lookout comes in at number 541th in QLD.

Vendor discounting in Point Lookout is giving property investors an average Vendor Discount of around -14.03%. This puts suburb at number 37th in QLD when ranking the most discounted suburbs.

At number 3744 in a list of fastest selling suburbs, Point Lookout is in the bottom 10% of suburbs in Australia with an average of days on market 186.8 for properties listed there.

With a capital gain of -3.18% for the last 12 months, Point Lookout, 4183 has performed for property investments than its average annual 2.35% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Point Lookout has fallen somewhat when compared to the 5 year average annual rate.

Vendor discounting in Point Lookout is giving property investors an average Vendor Discount of around -10.64%. This puts suburb at number 17th in QLD when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$895,000 $426,000
4.07% -8.19%
49.42% -3.18%
14.81% 2.35%
N/A N/A
18 36
N/A N/A
186.8 147.33

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 678
Median household income ($/weekly) 850
Median age of persons 48
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 70 10.3
    35-44 years 77 11.4
    45-54 years 107 15.8
    55-64 years 138 20.4
    65-74 years 94 13.9
    Others 192 28.3
    Age Group
    Census Count Percent(%)
    Not Married 221 45.9
    Registered Married 202 41.9
    Defacto Relationship 59 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 528 83.8
    Papua New Guinea 13 2.1
    United Kingdom 44 7.0
    United States of America 10 1.6
    Other 17 2.7
    Others 18 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 370 64.0
    No Religion 184 31.8
    Buddhism 20 3.5
    Other Religious Groups 4 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 28 11.2
    $400-$599 39 15.6
    $600-$799 32 12.8
    $1,000-$1,249 23 9.2
    $1,500-$1,999 29 11.6
    Others 99 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 186 34.9
    Employed, worked full-time 167 31.3
    Employed, worked part-time 146 27.4
    Unemployed, looking for work 21 3.9
    Employed, away from work 13 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 62 18.8
    Professionals 61 18.5
    Technicians & trades workers 49 14.8
    Community & personal service workers 42 12.7
    Labourers 36 10.9
    Others 80 24.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 51 42.1
    Secondary 34 28.1
    Technical or Further Educational Institution 13 10.7
    University or other Tertiary Institutions 13 10.7
    Pre-school 10 8.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 430 72.1
    Flat, unit or apartment 98 16.4
    Semi-detached, row or terrace house, townhouse 46 7.7
    House or flat attached to a shop, office 16 2.7
    Caravan, cabin, houseboat 6 1.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 118 41.5
    Fully owned 105 37.0
    Being purchased 61 21.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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