Suburb Profile Report for Lake Macdonald QLD (4563)

Lake Macdonald House: Median price $590,000, Annual capital growth 4.18%, Number of sales 21, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Lake Macdonald 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 -5.22%

If we look at median property appreciation over just the last three months, Lake Macdonald has given property investors a paper return of -11.28%. This puts Suburb as 832 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lake Macdonald, 4563. Typically our figures indicate that -7.52% is being offered, which puts this QLD suburb at 995th most discounted overall in Australia.

HOUSE UNIT
$590,000 N/A
-11.28% N/A
-5.22% N/A
4.18% N/A
N/A N/A
21 N/A
N/A N/A
123.94 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 1129
Median household income ($/weekly) 1109
Median age of persons 46
Median housing loan repayment ($/monthly) 1582
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 158 14.0
    35-44 years 144 12.8
    45-54 years 217 19.2
    55-64 years 195 17.3
    65-74 years 122 10.8
    Others 293 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 518 60.9
    Not Married 251 29.5
    Defacto Relationship 81 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 862 78.1
    Papua New Guinea 68 6.2
    South Africa 12 1.1
    United Kingdom 92 8.3
    Other 30 2.7
    Others 40 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 665 64.1
    No Religion 348 33.6
    Buddhism 21 2.0
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 47 12.8
    $600-$799 39 10.6
    $800-$999 49 13.3
    $1,250-$1,499 38 10.3
    $1,500-$1,999 51 13.9
    Others 144 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 358 40.2
    Employed, worked full-time 263 29.6
    Employed, worked part-time 195 21.9
    Unemployed, looking for work 44 4.9
    Employed, away from work 30 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 82 16.7
    Technicians & trades workers 73 14.9
    Community & personal service workers 61 12.4
    Clerical & administrative workers 78 15.9
    Labourers 55 11.2
    Others 141 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 13 5.2
    Infants/Primary 110 44.2
    Secondary 73 29.3
    Technical or Further Educational Institution 23 9.2
    University or other Tertiary Institutions 24 9.6
    Others 6 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1082 99.4
    Semi-detached, row or terrace house, townhouse 3 0.3
    Caravan, cabin, houseboat 3 0.3
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 190 46.1
    Fully owned 168 40.8
    Rented 54 13.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals