Suburb Profile Report for Blacks Beach QLD (4740)

Blacks Beach House: Median price $346,500, Annual capital growth -2.07%, Number of sales 34, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

Blacks Beach has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -16.91% to date .

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

LACK OF BUYER INTEREST may well be the reason that Blacks Beach is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 55th in terms of most discounted suburbs in QLD

With the median price for a house in Blacks Beach being $346500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.95%

HOUSE UNIT
$346,500 N/A
-0.29% N/A
-16.91% N/A
-2.07% N/A
$330 N/A
34 N/A
4.95% N/A
111.9 N/A

Source: CoreLogic

DSR Score for property investment : Poor (U), Poor (H)
Find a mortgage broker in Blacks Beach QLD
Demographics
Total population 2871
Median household income ($/weekly) 2510
Median age of persons 29
Median housing loan repayment ($/monthly) 2748
Average household size 3
  • Census Count Percent(%)
    0-4 years 271 9.4
    5-14 years 466 16.2
    25-34 years 545 19.0
    35-44 years 479 16.7
    45-54 years 394 13.7
    Others 717 25.0
    Age Group
    Census Count Percent(%)
    Registered Married 952 53.4
    Not Married 515 28.9
    Defacto Relationship 317 17.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2113 78.8
    Papua New Guinea 159 5.9
    South Africa 115 4.3
    United Kingdom 142 5.3
    Other 66 2.5
    Others 85 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.4
    Christianity 1873 72.5
    Islam 11 0.4
    Other Religious Groups 7 0.3
    No Religion 678 26.2
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 97 13.9
    $2,000-$2,499 95 13.6
    $2,500-$2,999 149 21.4
    $3,000-$3,499 94 13.5
    $4,000 or more 64 9.2
    Others 198 28.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1148 58.5
    Not in the labour force 348 17.7
    Employed, worked part-time 315 16.0
    Employed, away from work 90 4.6
    Unemployed, looking for work 63 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 11.2
    Professionals 240 15.4
    Technicians & trades workers 355 22.8
    Clerical & administrative workers 214 13.8
    Machinery operators & drivers 199 12.8
    Others 373 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 38 5.6
    Infants/Primary 305 45.3
    Secondary 189 28.1
    Technical or Further Educational Institution 56 8.3
    University or other Tertiary Institutions 74 11.0
    Others 11 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2229 87.4
    Semi-detached, row or terrace house, townhouse 275 10.8
    Flat, unit or apartment 21 0.8
    Caravan, cabin, houseboat 21 0.8
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 395 46.4
    Being purchased 341 40.0
    Fully owned 116 13.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals