Suburb Profile Report for Marcoola QLD (4564)

Marcoola House: Median price $549,000, Annual capital growth 2.92%, Number of sales 39, Weekly median advertised rent $480

Marcoola Unit: Median price $375,000, Annual capital growth 1.49%, Number of sales 102, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Marcoola 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 -4.52%

While Marcoola,4564 ranked number 721th in QLD for increase in median house value (annualised) increase, it is ranked 228th over the last 5 years.

Property buyers and investors in Marcoola 4564 should be seeing an average reduction in asking price of around -4.12% . This means that Marcoola is holding prices well when compared to other suburbs in QLD.

In the last year 39 properties changed hands in Marcoola, which puts it as the 530th most active market in QLD when comparing the number of sales per suburb.

Marcoola, 4564’s gross rental yield is 4.55%

Giving property investors a a solid capital gain of 22.15% for the last year, Marcoola, 4564 is the 139th highest performer in Australia in this respect.

Comparing Marcoola,4564 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Marcoola is offering property investors an average of -5.93. This rate of discount on properties puts Suburb at number 159th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 1.49%, investors should hope to achieve an overall return of 5.69%

Metrics i HOUSE UNIT
$549,000 $375,000
-2.75% 4.17%
-4.52% 22.15%
2.92% 1.49%
$480 $410
39 102
4.55% 5.69%
56.42 118.38

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3014
Median household income ($/weekly) 983
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 339 11.2
    25-34 years 441 14.6
    35-44 years 460 15.3
    45-54 years 465 15.4
    55-64 years 378 12.5
    Others 932 30.9
    Age Group
    Census Count Percent(%)
    Not Married 1031 47.1
    Registered Married 858 39.2
    Defacto Relationship 298 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2340 82.6
    Papua New Guinea 117 4.1
    South Africa 26 0.9
    United Kingdom 156 5.5
    Other 76 2.7
    Others 119 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 1.8
    Christianity 1793 67.1
    Hinduism 10 0.4
    Islam 19 0.7
    No Religion 795 29.7
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 129 11.9
    $600-$799 149 13.8
    $800-$999 126 11.7
    $1,000-$1,249 119 11.0
    $1,250-$1,499 120 11.1
    Others 437 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 847 36.7
    Not in the labour force 704 30.5
    Employed, worked part-time 557 24.1
    Unemployed, looking for work 117 5.1
    Employed, away from work 84 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 252 16.9
    Technicians & trades workers 247 16.6
    Community & personal service workers 194 13.0
    Clerical & administrative workers 189 12.7
    Labourers 177 11.9
    Others 431 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 32 5.3
    Infants/Primary 218 36.0
    Secondary 167 27.6
    Technical or Further Educational Institution 58 9.6
    University or other Tertiary Institutions 103 17.0
    Others 27 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1370 49.3
    Flat, unit or apartment 933 33.5
    Semi-detached, row or terrace house, townhouse 470 16.9
    House or flat attached to a shop, office 8 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 654 55.1
    Being purchased 309 26.0
    Fully owned 221 18.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals