Suburb Profile Report for Dicky Beach QLD (4551)

Dicky Beach House: Median price $689,250, Annual capital growth 3.51%, Number of sales 34, Weekly median advertised rent $460

Dicky Beach Unit: Median price $375,000, Annual capital growth 3.36%, Number of sales 18, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Dicky Beach 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 -7.48%

Comparing Dicky Beach,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Dicky Beach 4551 should be seeing an average reduction in asking price of around -6.20% . This means that Dicky Beach is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $460 and the average annual increase in value of a median property of 3.51%, investors should hope to achieve an overall return of 3.47%

Property value increases in Dicky Beach have tracked higher than the QLD average of 0.65% over the last 12 months.

The five-year average increase in median property values for Dicky Beach,4551 has given property investors a potential capital gain of 32.16% across each of those five years.

At number 236th of QLD’s most discounted properties, Dicky Beach is in the TOP 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Dicky Beach being $375000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.41%

Metrics i HOUSE UNIT
$689,250 $375,000
-1.36% N/A
-7.48% 19.05%
3.51% 3.36%
$460 $390
34 18
3.47% 5.41%
36.82 58.4

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Dicky Beach QLD
Demographics
Total population 1758
Median household income ($/weekly) 831
Median age of persons 48
Median housing loan repayment ($/monthly) 1928
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 202 11.5
    35-44 years 220 12.5
    45-54 years 241 13.7
    55-64 years 255 14.5
    65-74 years 190 10.8
    Others 650 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 561 46.6
    Not Married 503 41.8
    Defacto Relationship 140 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1347 83.9
    Papua New Guinea 46 2.9
    South Africa 14 0.9
    United Kingdom 117 7.3
    Other 37 2.3
    Others 45 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1134 72.2
    No Religion 409 26.0
    Buddhism 22 1.4
    Hinduism 3 0.2
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 64 10.4
    $400-$599 99 16.1
    $600-$799 87 14.2
    $800-$999 59 9.6
    $1,500-$1,999 59 9.6
    Others 246 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 676 48.6
    Employed, worked full-time 368 26.4
    Employed, worked part-time 253 18.2
    Employed, away from work 50 3.6
    Unemployed, looking for work 45 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 148 21.9
    Technicians & trades workers 126 18.7
    Community & personal service workers 87 12.9
    Clerical & administrative workers 78 11.6
    Sales 76 11.3
    Others 160 23.7
    Occupation
    Census Count Percent(%)
    Pre-school 14 4.3
    Infants/Primary 128 39.3
    Secondary 122 37.4
    Technical or Further Educational Institution 18 5.5
    University or other Tertiary Institutions 37 11.3
    Others 7 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1150 76.7
    Semi-detached, row or terrace house, townhouse 200 13.3
    Caravan, cabin, houseboat 93 6.2
    Flat, unit or apartment 57 3.8
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 278 41.9
    Rented 246 37.1
    Being purchased 133 20.1
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals