Suburb Profile Report for Airlie Beach QLD (4802)

Airlie Beach Unit: Median price $362,500, Annual capital growth 0.12%, Number of sales 70, Weekly median advertised rent $370

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

Source: CoreLogic

  • Unit Report
  • Expert Report

At number 1466th in the list of Australian suburbs ordered by increase in median house value over the last year, Airlie Beach, 4802 is in the BOTTOM 20% with a property value increase of -6.45% recorded in median house prices.

Airlie Beach,4802 has offered an average of -6.45% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Airlie Beach are currently offering property investors an average price cut of -6.61% below the asking price at the moment.

On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 0.12%, investors should hope to achieve an overall return of 5.31%

YIP MAG Information supplied by:

YIP MAG
February 2016

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Airlie Beach may be a popular spot for tourists looking to visit the picturesque Whitsundays and Great Barrier Reef, but it doesn’t seem to hold the same attraction for tenants.Full summary Airlie Beach may be a popular spot for tourists looking to visit the picturesque Whitsundays and Great Barrier Reef, but it doesn’t seem to hold the same attraction for tenants.

The suburb, with a population of around 7,600, currently has a vacancy rate of 12.97%.

While its vacancy rate is quite high, it has shown some improvement over the past 12 months, down from 16.77% this time last year.

Though landlords seem to be in strong competition for tenants, those who do manage to find one are seeing decent returns, with an average rental yield in the suburb of 5%.

For unit owners in Airlie Beach, recent years haven’t been the best; the median unit price sits at $383,500, having fallen 13% over the last five years.Close
HOUSE UNIT
N/A $362,500
N/A 0.69%
N/A -6.45%
N/A 0.12%
N/A $370
N/A 70
N/A 5.31%
N/A 151.03

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 908
Median household income ($/weekly) 1120
Median age of persons 37
Median housing loan repayment ($/monthly) 2547
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 110 12.1
    25-34 years 194 21.4
    35-44 years 138 15.2
    45-54 years 157 17.3
    55-64 years 122 13.4
    Others 187 20.6
    Age Group
    Census Count Percent(%)
    Not Married 248 46.3
    Registered Married 168 31.3
    Defacto Relationship 120 22.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 484 66.9
    Papua New Guinea 59 8.1
    United Kingdom 74 10.2
    United States of America 16 2.2
    Other 35 4.8
    Others 56 7.7
    Country of Birth
    Census Count Percent(%)
    Christianity 402 57.8
    No Religion 275 39.6
    Buddhism 12 1.7
    Hinduism 6 0.9
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 30 10.5
    $600-$799 43 15.1
    $800-$999 30 10.5
    $1,000-$1,249 25 8.8
    $1,500-$1,999 31 10.9
    Others 126 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 356 52.5
    Not in the labour force 145 21.4
    Employed, worked part-time 118 17.4
    Employed, away from work 32 4.7
    Unemployed, looking for work 27 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 91 17.9
    Professionals 81 16.0
    Technicians & trades workers 82 16.2
    Community & personal service workers 54 10.7
    Sales 55 10.8
    Others 144 28.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 23 26.1
    Secondary 18 20.5
    Technical or Further Educational Institution 23 26.1
    University or other Tertiary Institutions 15 17.0
    Other type of educational institution 6 6.8
    Others 3 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 290 47.5
    Separate house 235 38.5
    Semi-detached, row or terrace house, townhouse 44 7.2
    House or flat attached to a shop, office 22 3.6
    Caravan, cabin, houseboat 20 3.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 182 59.3
    Being purchased 63 20.5
    Fully owned 62 20.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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