Suburb Profile Report for Longreach QLD (4730)

Longreach House: Median price $178,000, Annual capital growth 2.98%, Number of sales 35, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

At number 3797th in the list of Australian suburbs ordered by increase in median house value over the last year, Longreach, 4730 is in the BOTTOM 10% with a property value increase of -8.72% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Longreach,4730 has racked up an average of -8.72% over the period. This ranks it number 4088th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Longreach is giving property investors an average Vendor Discount of around -17.58%. This puts suburb at number 10th in QLD when ranking the most discounted suburbs.

In the last year 35 properties changed hands in Longreach, which puts it as the 547th most active market in QLD when comparing the number of sales per suburb.

Longreach is 23th on a list of best yielding suburbs for rents in QLD with a 7.30% return

Metrics i HOUSE UNIT
$178,000 N/A
N/A N/A
-8.72% N/A
2.98% N/A
$250 N/A
35 N/A
7.30% N/A
124.1 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 3355
Median household income ($/weekly) 1205
Median age of persons 32
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 572 17.0
    25-34 years 503 15.0
    35-44 years 449 13.4
    45-54 years 426 12.7
    55-64 years 326 9.7
    Others 1079 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 915 43.4
    Not Married 856 40.6
    Defacto Relationship 339 16.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2944 92.9
    Papua New Guinea 79 2.5
    Philippines 16 0.5
    United Kingdom 48 1.5
    Other 13 0.4
    Others 68 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 2555 83.3
    No Religion 501 16.3
    Buddhism 13 0.4
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 105 10.0
    $1,000-$1,249 110 10.4
    $1,250-$1,499 106 10.0
    $1,500-$1,999 139 13.2
    $2,000-$2,499 133 12.6
    Others 462 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1236 52.2
    Not in the labour force 586 24.8
    Employed, worked part-time 417 17.6
    Employed, away from work 86 3.6
    Unemployed, looking for work 41 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 234 13.5
    Professionals 287 16.5
    Technicians & trades workers 286 16.5
    Clerical & administrative workers 225 13.0
    Labourers 216 12.4
    Others 489 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 36 5.2
    Infants/Primary 372 53.5
    Secondary 162 23.3
    Technical or Further Educational Institution 67 9.6
    University or other Tertiary Institutions 42 6.0
    Others 16 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2763 92.1
    Semi-detached, row or terrace house, townhouse 48 1.6
    Flat, unit or apartment 147 4.9
    Caravan, cabin, houseboat 31 1.0
    Improvised home, tent, sleepers out 7 0.2
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 513 43.8
    Fully owned 334 28.5
    Being purchased 318 27.1
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals