Suburb Profile Report for Mission Beach QLD (4852)

Mission Beach House: Median price $300,000, Annual capital growth 13.61%, Number of sales 19, Weekly median advertised rent $310

Mission Beach Unit: Median price $68,000, Annual capital growth 4.35%, Number of sales 22, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Mission Beach, 4852 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -22.28%.

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

Property investors looking for a bargain in Mission Beach should be aiming for at least -9.38% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Mission Beach being $300000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.37%

Mission Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 29.52% to date .

Property buyers and investors in Mission Beach 4852 should be seeing an average reduction in asking price of around -12.38% . This means that Mission Beach is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Mission Beach the average time real estate has been on the market is 146.3 days.

HOUSE UNIT
$300,000 $68,000
-8.40% 4.62%
-22.28% 29.52%
13.61% 4.35%
$310 N/A
19 22
5.37% N/A
149.27 146.3

Source: CoreLogic

DSR Score for property investment : Poor (U), Poor (H)
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Demographics
Total population 765
Median household income ($/weekly) 978
Median age of persons 42
Median housing loan repayment ($/monthly) 1083
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 105 13.7
    25-34 years 78 10.2
    35-44 years 111 14.5
    45-54 years 142 18.5
    55-64 years 108 14.1
    Others 222 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 239 43.6
    Not Married 210 38.3
    Defacto Relationship 99 18.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 582 80.4
    Indonesia 7 1.0
    Papua New Guinea 23 3.2
    United Kingdom 60 8.3
    Other 20 2.8
    Others 32 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 459 67.9
    No Religion 196 29.0
    Buddhism 11 1.6
    Other Religious Groups 10 1.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 36 13.8
    $600-$799 26 10.0
    $800-$999 29 11.1
    $1,250-$1,499 27 10.3
    $1,500-$1,999 28 10.7
    Others 115 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 230 39.7
    Not in the labour force 192 33.1
    Employed, worked part-time 102 17.6
    Unemployed, looking for work 30 5.2
    Employed, away from work 26 4.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 68 18.7
    Professionals 38 10.4
    Technicians & trades workers 64 17.6
    Community & personal service workers 45 12.4
    Labourers 59 16.2
    Others 90 24.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 72 50.0
    Secondary 36 25.0
    Technical or Further Educational Institution 9 6.3
    University or other Tertiary Institutions 12 8.3
    Other type of educational institution 9 6.3
    Others 6 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 600 83.3
    Caravan, cabin, houseboat 51 7.1
    Semi-detached, row or terrace house, townhouse 32 4.4
    Flat, unit or apartment 32 4.4
    Improvised home, tent, sleepers out 5 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 97 33.9
    Rented 96 33.6
    Being purchased 90 31.5
    Other tenure type 3 1.0
    Tenure Type
Census 2011, ABS
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