Suburb Profile Report for Cooee Bay QLD (4703)

Cooee Bay House: Median price $272,500, Annual capital growth -1.49%, Number of sales 20, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

QLD has seen average median house prices change by 2.46% which means that Cooee Bay, 4703 has done well for property investors by showing a capital gain of -16.79% 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 Cooee Bay has fallen somewhat when compared to the 5 year average annual rate.

Cooee Bay, 4703 is offering QLD ‘s 58th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.

In the last year 20 properties changed hands in Cooee Bay, which puts it as the 704th most active market in QLD when comparing the number of sales per suburb.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.72%, without taking into account capital value appreciation, which has been averaging out at -1.49%.

Metrics i HOUSE UNIT
$272,500 N/A
-4.39% N/A
-16.79% N/A
-1.49% N/A
$300 N/A
20 N/A
5.72% N/A
93.38 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 1255
Median household income ($/weekly) 982
Median age of persons 40
Median housing loan repayment ($/monthly) 1856
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 145 11.5
    25-34 years 176 14.0
    35-44 years 165 13.1
    45-54 years 182 14.5
    55-64 years 168 13.4
    Others 420 33.4
    Age Group
    Census Count Percent(%)
    Not Married 411 45.4
    Registered Married 357 39.4
    Defacto Relationship 138 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1039 88.2
    New Zealand 6 0.5
    Papua New Guinea 50 4.2
    United Kingdom 48 4.1
    Other 22 1.9
    Others 13 1.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.6
    Christianity 755 66.6
    Judaism 7 0.6
    Other Religious Groups 14 1.2
    No Religion 342 30.2
    Others 9 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 48 10.2
    $400-$599 67 14.2
    $600-$799 58 12.3
    $800-$999 48 10.2
    $1,500-$1,999 50 10.6
    Others 200 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 379 39.2
    Not in the labour force 354 36.6
    Employed, worked part-time 165 17.1
    Employed, away from work 35 3.6
    Unemployed, looking for work 34 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 72 12.4
    Professionals 106 18.3
    Technicians & trades workers 109 18.8
    Clerical & administrative workers 63 10.9
    Labourers 61 10.5
    Others 169 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 9 3.8
    Infants/Primary 106 45.3
    Secondary 58 24.8
    Technical or Further Educational Institution 26 11.1
    University or other Tertiary Institutions 28 12.0
    Others 7 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 894 77.9
    Flat, unit or apartment 129 11.2
    Semi-detached, row or terrace house, townhouse 69 6.0
    Caravan, cabin, houseboat 44 3.8
    House or flat attached to a shop, office 11 1.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 259 49.1
    Fully owned 168 31.8
    Being purchased 97 18.4
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals