Suburb Profile Report for Marcoola QLD (4564)

Marcoola House: Median price $600,000, Annual capital growth 5.52%, Number of sales 39, Weekly median advertised rent $440

Marcoola Unit: Median price $308,000, Annual capital growth -1.49%, Number of sales 118, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.06% which means that Marcoola, 4564 has done well for property investors by showing a capital gain of 16.39% over the last year

Marcoola,4564 was ranked 1740 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Marcoola is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 594th in terms of most discounted suburbs in QLD

Situated 97.79km from the CBD, Marcoola is one of Sunshine Coast localities in the postcode 4564.

Marcoola has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.65% to date .

A -2.99% growth in median value for property investors in Marcoola,4564 puts this suburb at number 115th in terms of best performing suburbs in QLD

Vendor discounting in Marcoola is giving property investors an average Vendor Discount of around -5.79%. This puts suburb at number 156th in QLD when ranking the most discounted suburbs.

At number 1233 in a list of fastest selling suburbs, Marcoola is in the bottom 20% of suburbs in Australia with an average of days on market 109.57 for properties listed there.

With the median price for a house in Marcoola being $308000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 6.75%

HOUSE UNIT
$600,000 $308,000
1.69% 0.98%
16.39% -0.65%
5.52% -1.49%
$440 $400
39 118
3.81% 6.75%
69.18 109.57

Source: CoreLogic

DSR Score for property investment : Above average (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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