Suburb Profile Report for Cardwell QLD (4849)

Cardwell House: Median price $241,000, Annual capital growth -1.25%, Number of sales 18, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Cardwell, 4849 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.62%.

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

LACK OF BUYER INTEREST may well be the reason that Cardwell is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 90th in terms of most discounted suburbs in QLD

In the last year 18 properties changed hands in Cardwell, which puts it as the 729th most active market in QLD when comparing the number of sales per suburb.

HOUSE UNIT
$241,000 N/A
-1.03% N/A
-0.62% N/A
-1.25% N/A
$260 N/A
18 N/A
5.61% N/A
157.23 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Poor (U)
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Demographics
Total population 1176
Median household income ($/weekly) 782
Median age of persons 52
Median housing loan repayment ($/monthly) 1135
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 110 9.4
    25-34 years 100 8.5
    45-54 years 204 17.3
    55-64 years 215 18.3
    65-74 years 181 15.4
    Others 366 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 408 50.9
    Not Married 306 38.2
    Defacto Relationship 87 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 934 85.8
    Papua New Guinea 24 2.2
    Philippines 11 1.0
    United Kingdom 48 4.4
    Other 22 2.0
    Others 49 4.5
    Country of Birth
    Census Count Percent(%)
    Christianity 760 73.6
    Hinduism 3 0.3
    Judaism 3 0.3
    Other Religious Groups 8 0.8
    No Religion 256 24.8
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 77 19.5
    $600-$799 60 15.2
    $800-$999 49 12.4
    $1,000-$1,249 36 9.1
    $1,250-$1,499 39 9.9
    Others 134 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 468 50.9
    Employed, worked full-time 261 28.4
    Employed, worked part-time 133 14.5
    Employed, away from work 31 3.4
    Unemployed, looking for work 27 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 65 15.2
    Technicians & trades workers 64 14.9
    Community & personal service workers 54 12.6
    Machinery operators & drivers 50 11.7
    Labourers 82 19.1
    Others 114 26.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 48 36.9
    Secondary 50 38.5
    Technical or Further Educational Institution 14 10.8
    University or other Tertiary Institutions 6 4.6
    Other type of educational institution 7 5.4
    Others 5 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 776 77.9
    Flat, unit or apartment 113 11.3
    Caravan, cabin, houseboat 55 5.5
    Semi-detached, row or terrace house, townhouse 52 5.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 191 43.6
    Fully owned 168 38.4
    Being purchased 79 18.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals