Suburb Profile Report for Castaways Beach QLD (4567)

Castaways Beach House: Median price $838,000, Annual capital growth 2.33%, Number of sales 16, Weekly median advertised rent $775

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

Source: CoreLogic

  • House Report

Property value increases in Castaways Beach have tracked lower than the QLD average of 2.11% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Castaways Beach has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -7.53% to buyers in Castaways Beach at the moment, which is less than average for the rest of QLD.

At number 2656 in a list of fastest selling suburbs, Castaways Beach is in the bottom 40% of suburbs in Australia with an average of days on market 101.35 for properties listed there.

Property investors should expect to get $775 weekly from the median priced house in this suburb.

HOUSE UNIT
$838,000 N/A
-18.64% N/A
-11.79% N/A
2.33% N/A
$775 N/A
16 N/A
4.81% N/A
101.35 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 605
Median household income ($/weekly) 1304
Median age of persons 47
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 95 15.7
    35-44 years 63 10.4
    45-54 years 149 24.6
    55-64 years 106 17.5
    65-74 years 62 10.2
    Others 131 21.6
    Age Group
    Census Count Percent(%)
    Registered Married 281 64.0
    Not Married 107 24.4
    Defacto Relationship 51 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 447 77.7
    Papua New Guinea 26 4.5
    South Africa 7 1.2
    United Kingdom 64 11.1
    Other 10 1.7
    Others 21 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 351 64.8
    No Religion 179 33.0
    Buddhism 4 0.7
    Islam 4 0.7
    Judaism 4 0.7
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 21 11.4
    $1,000-$1,249 17 9.2
    $1,500-$1,999 21 11.4
    $2,500-$2,999 18 9.7
    $3,000-$3,499 19 10.3
    Others 89 48.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 167 35.4
    Employed, worked full-time 147 31.1
    Employed, worked part-time 125 26.5
    Unemployed, looking for work 17 3.6
    Employed, away from work 16 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 48 16.7
    Professionals 82 28.6
    Technicians & trades workers 28 9.8
    Clerical & administrative workers 39 13.6
    Sales 37 12.9
    Others 53 18.5
    Occupation
    Census Count Percent(%)
    Pre-school 7 4.9
    Infants/Primary 70 48.6
    Secondary 41 28.5
    Technical or Further Educational Institution 7 4.9
    University or other Tertiary Institutions 16 11.1
    Others 3 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 556 98.6
    Semi-detached, row or terrace house, townhouse 4 0.7
    Flat, unit or apartment 4 0.7
    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 92 44.4
    Being purchased 75 36.2
    Rented 36 17.4
    Other tenure type 4 1.9
    Tenure Type
Census 2011, ABS
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