Suburb Profile Report for Collinsville QLD (4804)

Collinsville House: Median price $54,000, Annual capital growth 3.45%, Number of sales 20, Weekly median advertised rent $193

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

Source: CoreLogic

  • House Report
  • Expert Report

Situated 929.65km from the CBD, Collinsville is one of Whitsunday localities in the postcode 4804.

YIP MAG Information supplied by:

YIP MAG
March 2016

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Conditions in the Central Queensland town of Collinsville are a prime example of the troubles mining towns across Australia are now facing.Full summary Conditions in the Central Queensland town of Collinsville are a prime example of the troubles mining towns across Australia are now facing.

In this suburb, around 160km inland from Airlie Beach, nearly a quarter of the dwellings remain empty, according to the latest figures from Real Estate Investar.

The current vacancy rate sits at 22.36%, having increased from 18.85% over the past 12 months.

Recent population fluctuations have likely played a part in the increasing vacancy rate: census figures from 2006 put Collinsville’s population at 2,063, compared to 1,501 in the 2011 census.

The worsening rental market in Collinsville has also had an impact on prices in the township, with the median house price sitting at $112,500, having fallen by 39% in the last five years.

While the future may not look good for Collinsville, landlords who currently have tenants are doing all right, with average yields sitting at 10%.Close
HOUSE UNIT
$54,000 N/A
-6.09% N/A
N/A N/A
3.45% N/A
$193 N/A
20 N/A
18.54% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Poor (H), Poor (U)
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Demographics
Total population 1501
Median household income ($/weekly) 1370
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 182 12.1
    25-34 years 188 12.5
    35-44 years 191 12.7
    45-54 years 230 15.3
    55-64 years 194 12.9
    Others 515 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 428 45.3
    Not Married 373 39.5
    Defacto Relationship 143 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1153 91.7
    Papua New Guinea 24 1.9
    Philippines 26 2.1
    United Kingdom 18 1.4
    Other 16 1.3
    Others 20 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 842 69.2
    No Religion 374 30.8
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 57 12.0
    $400-$599 46 9.7
    $1,500-$1,999 59 12.4
    $2,000-$2,499 39 8.2
    $2,500-$2,999 70 14.7
    Others 205 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 431 41.4
    Not in the labour force 362 34.7
    Employed, worked part-time 159 15.3
    Employed, away from work 57 5.5
    Unemployed, looking for work 33 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 53 8.2
    Technicians & trades workers 122 18.9
    Community & personal service workers 52 8.0
    Machinery operators & drivers 187 28.9
    Labourers 80 12.4
    Others 153 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 16 7.1
    Infants/Primary 101 44.9
    Secondary 67 29.8
    Technical or Further Educational Institution 27 12.0
    Other type of educational institution 10 4.4
    Others 4 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 710 59.6
    Semi-detached, row or terrace house, townhouse 429 36.0
    Flat, unit or apartment 39 3.3
    Caravan, cabin, houseboat 9 0.8
    House or flat attached to a shop, office 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 214 41.2
    Rented 176 33.8
    Being purchased 130 25.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals