Suburb Profile Report for Middle Ridge QLD (4350)

Middle Ridge House: Median price $530,000, Annual capital growth 3.93%, Number of sales 126, Weekly median advertised rent $435

Middle Ridge Unit: Median price $322,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -0.38% for the last year, Middle Ridge, 4350 is the 3111th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Middle Ridge,4350 has racked up an average of -0.38% over the period. This ranks it number 2990th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Middle Ridge should be aiming for at least -5.00% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 126 properties changed hands in Middle Ridge, which puts it as the 173th most active market in QLD when comparing the number of sales per suburb.

Middle Ridge, 4350’s gross rental yield is 4.27%

Comparing Middle Ridge,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Metrics i HOUSE UNIT
$530,000 $322,000
-0.93% 3.87%
-0.38% N/A
3.93% N/A
$435 N/A
126 10
4.27% N/A
78.2 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 6561
Median household income ($/weekly) 1728
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1027 15.7
    35-44 years 870 13.3
    45-54 years 968 14.8
    55-64 years 794 12.1
    65-74 years 561 8.5
    Others 2342 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 2939 65.9
    Not Married 1249 28.0
    Defacto Relationship 271 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5144 85.1
    Papua New Guinea 86 1.4
    South Africa 105 1.7
    United Kingdom 231 3.8
    Other 203 3.4
    Others 279 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.8
    Christianity 5062 85.7
    Hinduism 49 0.8
    Islam 44 0.7
    No Religion 694 11.7
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 148 7.8
    $1,500-$1,999 293 15.4
    $2,000-$2,499 225 11.8
    $2,500-$2,999 219 11.5
    $3,000-$3,499 162 8.5
    Others 859 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1960 42.1
    Not in the labour force 1470 31.6
    Employed, worked part-time 984 21.1
    Employed, away from work 153 3.3
    Unemployed, looking for work 89 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 482 15.6
    Professionals 851 27.5
    Technicians & trades workers 382 12.3
    Clerical & administrative workers 538 17.4
    Sales 283 9.1
    Others 562 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 88 5.2
    Infants/Primary 707 41.4
    Secondary 513 30.1
    Technical or Further Educational Institution 82 4.8
    University or other Tertiary Institutions 285 16.7
    Others 31 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5841 97.4
    Flat, unit or apartment 81 1.4
    Semi-detached, row or terrace house, townhouse 73 1.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 899 42.7
    Being purchased 785 37.3
    Rented 411 19.5
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals