Suburb Profile Report for Monkland QLD (4570)

Monkland House: Median price $248,750, Annual capital growth 1.94%, Number of sales 26, Weekly median advertised rent $263

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

Source: CoreLogic

  • House Report

Monkland is in the TOP 10% in QLD when comparing median price capital growth over the last year. Monkland gave property investors a very good capital gain figure when compared to the rest of the state, with 12.94%.

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

Vendor discounting in Monkland is giving property investors an average Vendor Discount of around -8.22%. This puts suburb at number 232th in QLD when ranking the most discounted suburbs.

Monkland, 4570’s gross rental yield is 5.49%

HOUSE UNIT
$248,750 N/A
-6.13% N/A
12.94% N/A
1.94% N/A
$263 N/A
26 N/A
5.49% N/A
107.76 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1161
Median household income ($/weekly) 754
Median age of persons 35
Median housing loan repayment ($/monthly) 1192
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 163 14.0
    25-34 years 142 12.2
    35-44 years 122 10.5
    45-54 years 142 12.2
    55-64 years 132 11.4
    Others 460 39.6
    Age Group
    Census Count Percent(%)
    Not Married 407 48.9
    Registered Married 330 39.7
    Defacto Relationship 95 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1018 90.7
    Papua New Guinea 35 3.1
    United Kingdom 30 2.7
    Viet Nam 5 0.4
    Other 12 1.1
    Others 22 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 730 69.4
    No Religion 296 28.1
    Buddhism 14 1.3
    Other Religious Groups 12 1.1
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 11.3
    $400-$599 88 21.1
    $600-$799 68 16.3
    $800-$999 46 11.0
    $1,000-$1,249 43 10.3
    Others 125 30.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 386 44.5
    Employed, worked full-time 260 30.0
    Employed, worked part-time 154 17.8
    Unemployed, looking for work 39 4.5
    Employed, away from work 28 3.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 80 18.1
    Community & personal service workers 45 10.2
    Sales 51 11.5
    Machinery operators & drivers 69 15.6
    Labourers 81 18.3
    Others 117 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 13 5.1
    Infants/Primary 109 43.1
    Secondary 72 28.5
    Technical or Further Educational Institution 30 11.9
    Other type of educational institution 17 6.7
    Others 12 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 984 89.2
    Caravan, cabin, houseboat 51 4.6
    Semi-detached, row or terrace house, townhouse 42 3.8
    Flat, unit or apartment 26 2.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 176 39.1
    Fully owned 137 30.4
    Being purchased 129 28.7
    Other tenure type 8 1.8
    Tenure Type
Census 2011, ABS
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