Suburb Profile Report for Cloncurry QLD (4824)

Cloncurry House: Median price $255,000, Annual capital growth 12.76%, Number of sales 30, Weekly median advertised rent $415

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : BELOW AVERAGE (H)
  • House Report

Investment property in Cloncurry has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.96%

Cloncurry,4824 has offered an average of -9.96% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cloncurry, 4824. Typically our figures indicate that -12.91% is being offered, which puts this QLD suburb at 67th most discounted overall in Australia.

Using the current median advertised rental of $422.5 and the average annual increase in value of a median property of 13.67%, investors should hope to achieve an overall return of 8.45%

HOUSE UNIT
$255,000 N/A
-4.32% N/A
-16.12% N/A
30.77% N/A
7.82% N/A
12.76% N/A
$415 N/A
30 N/A
8.46% N/A
159.41 N/A
Source: RP Data
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Demographics
Total population 2796
Median household income ($/weekly) 1553
Median age of persons 34
Median housing loan repayment ($/monthly) 1500
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 379 13.6
    25-34 years 478 17.1
    35-44 years 419 15.0
    45-54 years 414 14.8
    55-64 years 306 10.9
    Others 800 28.6
    Age Group
    Census Count Percent(%)
    Not Married 679 42.2
    Registered Married 618 38.4
    Defacto Relationship 312 19.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2221 91.2
    Papua New Guinea 53 2.2
    Philippines 12 0.5
    United Kingdom 48 2.0
    Other 41 1.7
    Others 60 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.4
    Christianity 1879 80.8
    Hinduism 13 0.6
    Islam 11 0.5
    No Religion 406 17.5
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 62 8.9
    $1,250-$1,499 60 8.6
    $1,500-$1,999 111 16.0
    $2,000-$2,499 69 9.9
    $2,500-$2,999 75 10.8
    Others 317 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1074 56.3
    Not in the labour force 393 20.6
    Employed, worked part-time 221 11.6
    Employed, away from work 147 7.7
    Unemployed, looking for work 72 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 171 11.9
    Technicians & trades workers 225 15.6
    Clerical & administrative workers 191 13.2
    Machinery operators & drivers 290 20.1
    Labourers 211 14.6
    Others 354 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 28 6.1
    Infants/Primary 244 53.5
    Secondary 114 25.0
    Technical or Further Educational Institution 32 7.0
    University or other Tertiary Institutions 32 7.0
    Others 6 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2078 92.1
    Semi-detached, row or terrace house, townhouse 45 2.0
    Flat, unit or apartment 31 1.4
    Caravan, cabin, houseboat 84 3.7
    House or flat attached to a shop, office 13 0.6
    Others 6 0.3
    Dwelling Structure
    Census Count Percent(%)
    Rented 448 56.4
    Fully owned 185 23.3
    Being purchased 146 18.4
    Other tenure type 16 2.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals