Suburb Profile Report for Minden QLD (4311)

Minden House: Median price $325,000, Annual capital growth 2.33%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Minden has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.80%

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Minden itself are offering an average vendor discount of -6.61% to real estate investors.

At number 3540 in a list of fastest selling suburbs, Minden is in the bottom 10% of suburbs in Australia with an average of days on market 145.82 for properties listed there.

HOUSE UNIT
$325,000 N/A
N/A N/A
-5.80% N/A
2.33% N/A
N/A N/A
24 N/A
N/A N/A
145.82 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
Find a mortgage broker in Minden QLD
Demographics
Total population 1093
Median household income ($/weekly) 1305
Median age of persons 36
Median housing loan repayment ($/monthly) 1820
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 194 17.8
    25-34 years 130 11.9
    35-44 years 175 16.0
    45-54 years 136 12.5
    55-64 years 147 13.5
    Others 310 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 431 56.9
    Not Married 232 30.6
    Defacto Relationship 94 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 911 87.4
    Papua New Guinea 39 3.7
    Philippines 6 0.6
    United Kingdom 54 5.2
    Other 16 1.5
    Others 16 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 808 80.0
    No Religion 186 18.4
    Other Religious Groups 10 1.0
    Islam 6 0.6
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 36 10.8
    $800-$999 34 10.2
    $1,250-$1,499 35 10.5
    $1,500-$1,999 60 18.1
    $2,000-$2,499 40 12.0
    Others 127 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 317 41.2
    Not in the labour force 264 34.3
    Employed, worked part-time 130 16.9
    Employed, away from work 34 4.4
    Unemployed, looking for work 25 3.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 79 16.4
    Community & personal service workers 50 10.4
    Clerical & administrative workers 74 15.3
    Machinery operators & drivers 56 11.6
    Labourers 73 15.1
    Others 151 31.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 128 51.0
    Secondary 76 30.3
    Pre-school 16 6.4
    University or other Tertiary Institutions 16 6.4
    Technical or Further Educational Institution 15 6.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1049 99.7
    Flat, unit or apartment 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 209 57.7
    Fully owned 86 23.8
    Rented 62 17.1
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals