Suburb Profile Report for Boyne Island QLD (4680)

Boyne Island House: Median price $375,000, Annual capital growth 3.68%, Number of sales 25, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Expert Report

Over the last year, property investments in Boyne Island, 4680 have given investors a capital gain of -5.06%. This compares very badly with the 2.22% for QLD as a whole.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Boyne Island itself are offering an average vendor discount of -10.06% to real estate investors.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
February 2016

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While some areas of regional Queensland have struggled as a result of the resources boom slowdown, Boyne Island has shown some signs of resiliency.Full summary While some areas of regional Queensland have struggled as a result of the resources boom slowdown, Boyne Island has shown some signs of resiliency.

South of Gladstone, Boyne Island appears to have become more attractive to buyers in the last year, as the available stock on market has fallen by 39.4%.

Perhaps helping Boyne Island’s market stay a popular choice is the fact that it acts as a residential centre for the nation’s largest aluminium smelter, which is helpful for employment and economic prospects in the area.

While stock levels may be falling in Boyne Island, buyers should still be wary as prices are falling too.

With a median house price $407,500, the suburb has seen prices go backwards by 6% in the last year and by 18% in the last three.Close
HOUSE UNIT
$375,000 N/A
N/A N/A
-5.06% N/A
3.68% N/A
$300 N/A
25 N/A
4.16% N/A
94.37 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Poor (H)
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Demographics
Total population 4406
Median household income ($/weekly) 1965
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 704 16.0
    25-34 years 598 13.6
    35-44 years 690 15.7
    45-54 years 647 14.7
    55-64 years 469 10.6
    Others 1299 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1562 53.9
    Not Married 920 31.8
    Defacto Relationship 415 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3465 84.9
    Papua New Guinea 196 4.8
    South Africa 103 2.5
    United Kingdom 161 3.9
    Other 47 1.2
    Others 111 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.8
    Christianity 2745 70.1
    Hinduism 10 0.3
    Islam 7 0.2
    No Religion 1113 28.4
    Others 12 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 86 7.1
    $1,500-$1,999 176 14.4
    $2,000-$2,499 143 11.7
    $2,500-$2,999 215 17.6
    $3,000-$3,499 127 10.4
    Others 472 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1495 48.1
    Not in the labour force 850 27.4
    Employed, worked part-time 513 16.5
    Employed, away from work 160 5.2
    Unemployed, looking for work 88 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 269 12.4
    Technicians & trades workers 503 23.2
    Clerical & administrative workers 230 10.6
    Machinery operators & drivers 330 15.2
    Labourers 274 12.6
    Others 563 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 52 5.3
    Infants/Primary 482 48.7
    Secondary 288 29.1
    Technical or Further Educational Institution 81 8.2
    University or other Tertiary Institutions 67 6.8
    Others 20 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3705 92.6
    Semi-detached, row or terrace house, townhouse 112 2.8
    Caravan, cabin, houseboat 104 2.6
    Flat, unit or apartment 79 2.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 616 44.7
    Rented 398 28.9
    Fully owned 361 26.2
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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