Suburb Profile Report for Minyama QLD (4575)

Minyama House: Median price $885,000, Annual capital growth 0.43%, Number of sales 48, Weekly median advertised rent $583

Minyama Unit: Median price $318,000, Annual capital growth 2.52%, Number of sales 30, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Minyama, 4575 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.21%

Minyama,4575 has offered an average of -2.21% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Minyama is giving property investors an average Vendor Discount of around -3.37%. This puts suburb at number 802th in QLD when ranking the most discounted suburbs.

In the last year 48 properties changed hands in Minyama, which puts it as the 445th most active market in QLD when comparing the number of sales per suburb.

Over the last year, property investments in Minyama, 4575 have given investors a capital gain of -0.63%. This compares badly with the 1.70% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Minyama comes in at number 156th in QLD.

Property investors looking for a bargain in Minyama should be aiming for at least -4.76% off the asking price, which is the average vendor discount being achieved at the moment.

HOUSE UNIT
$885,000 $318,000
-11.50% 2.58%
-2.21% -0.63%
0.43% 2.52%
$583 $360
48 30
3.42% 5.89%
90.86 71.96

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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