Suburb Profile Report for Middle Ridge QLD (4350)

Middle Ridge House: Median price $526,129, Annual capital growth 3.78%, Number of sales 126, Weekly median advertised rent $423

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

Source: CoreLogic

  • House Report

Giving property investors a an unimpressive capital gain of 0.21% for the last year, Middle Ridge, 4350 is the 2804th highest performer in Australia in this respect.

The five-year average increase in median property values for Middle Ridge,4350 has given property investors a potential capital gain of 21.23% across each of those five years.

Property investors looking for a bargain in Middle Ridge should be aiming for at least -5.07% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1401 in a list of fastest selling suburbs, Middle Ridge is in the TOP 40% of suburbs in Australia with an average of days on market 69.51 for properties listed there.

Using the current median advertised rental of $422.5 and the average annual increase in value of a median property of 3.78%, investors should hope to achieve an overall return of 4.18%

HOUSE UNIT
$526,129 N/A
-1.29% N/A
0.21% N/A
3.78% N/A
$423 N/A
126 N/A
4.18% N/A
69.51 N/A

Source: CoreLogic

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