Suburb Profile Report for Minyama QLD (4575)

Minyama House: Median price $873,750, Annual capital growth -0.20%, Number of sales 59, Weekly median advertised rent $595

Minyama Unit: Median price $355,000, Annual capital growth 3.12%, Number of sales 37, Weekly median advertised rent $380

  • 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 2.45% which means that Minyama, 4575 has done well for property investors by showing a capital gain of -13.28% over the last year

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

Our latest figures would indicate that property sellers in Minyama are currently offering property investors an average price cut of -3.68% below the asking price at the moment.

Residents and property investors in Minyama have been waiting around 77.76 days to sell a property.

Property investors should expect to get $595 weekly from the median priced house in this suburb.

Giving property investors a a solid capital gain of 14.52% for the last year, Minyama, 4575 is the 307th highest performer in Australia in this respect.

Minyama,4575 has offered an average of 14.52% return per annum in house price rises to property investors over the last three years.

At number 271th of QLD’s most discounted properties, Minyama is in the TOP 20% of the state/territory when listing in order of most discounted to least.

In the last year 37 properties changed hands in Minyama, which puts it as the 220th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Minyama being $355000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.57%

Metrics i HOUSE UNIT
$873,750 $355,000
-2.78% 4.34%
-13.28% 14.52%
-0.20% 3.12%
$595 $380
59 37
3.54% 5.57%
77.76 41.87

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2485
Median household income ($/weekly) 1001
Median age of persons 50
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 242 9.7
    35-44 years 235 9.5
    45-54 years 447 18.0
    55-64 years 388 15.6
    65-74 years 340 13.7
    Others 832 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 1091 53.8
    Not Married 775 38.2
    Defacto Relationship 161 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1782 73.8
    Papua New Guinea 204 8.4
    South Africa 34 1.4
    United Kingdom 191 7.9
    Other 50 2.1
    Others 155 6.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 1.4
    Christianity 1784 75.8
    Hinduism 15 0.6
    Islam 12 0.5
    No Religion 498 21.2
    Others 12 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 92 9.5
    $400-$599 125 13.0
    $600-$799 97 10.1
    $800-$999 89 9.2
    $1,500-$1,999 97 10.1
    Others 465 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 902 43.1
    Employed, worked full-time 661 31.6
    Employed, worked part-time 387 18.5
    Unemployed, looking for work 78 3.7
    Employed, away from work 66 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 17.9
    Professionals 202 18.1
    Technicians & trades workers 141 12.6
    Clerical & administrative workers 183 16.4
    Sales 143 12.8
    Others 247 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 19 4.3
    Infants/Primary 138 30.9
    Secondary 169 37.9
    Technical or Further Educational Institution 37 8.3
    University or other Tertiary Institutions 71 15.9
    Others 12 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1898 78.7
    Semi-detached, row or terrace house, townhouse 363 15.0
    Flat, unit or apartment 148 6.1
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 525 49.8
    Being purchased 287 27.2
    Rented 243 23.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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