Suburb Profile Report for Longreach QLD (4730)

Longreach House: Median price $178,000, Annual capital growth 3.36%, Number of sales 31, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Longreach has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -22.61% to date .

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

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Longreach itself are offering an average vendor discount of -15.98% to real estate investors.

Residents and property investors in Longreach have been waiting around 114.18 days to sell a property.

Longreach, 4730’s gross rental yield is 7.30%

HOUSE UNIT
$178,000 N/A
-0.42% N/A
-22.61% N/A
3.36% N/A
$250 N/A
31 N/A
7.30% N/A
114.18 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (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