Suburb Profile Report for Mooroobool QLD (4870)

Mooroobool House: Median price $360,000, Annual capital growth 1.79%, Number of sales 101, Weekly median advertised rent $380

Mooroobool Unit: Median price $198,500, Annual capital growth -1.23%, Number of sales 44, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3243th in the list of Australian suburbs ordered by increase in median house value over the last year, Mooroobool, 4870 is in the BOTTOM 30% with a property value increase of -1.37% recorded in median house prices.

Across a shorter period, Mooroobool, 4870 has seen a median price increase of 1.05% over the last quarter.

Property buyers and investors in Mooroobool 4870 should be seeing an average reduction in asking price of around -7.33% . This means that Mooroobool is holding prices well when compared to other suburbs in QLD.

In the last year 101 properties changed hands in Mooroobool, which puts it as the 229th most active market in QLD when comparing the number of sales per suburb.

The QLD suburb of Mooroobool, 4870 is in the Cairns local government area.

With a capital gain of -0.75% for the last 12 months, Mooroobool, 4870 has performed for property investments than its average annual -1.23% property growth over the last 5 years.

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

LACK OF BUYER INTEREST may well be the reason that Mooroobool is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 16th in terms of most discounted suburbs in QLD

Property investors should expect to get $290 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$360,000 $198,500
1.05% -4.11%
-1.37% -0.75%
1.79% -1.23%
$380 $290
101 44
5.49% 7.60%
81.54 138.86

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Mooroobool QLD
Demographics
Total population 6814
Median household income ($/weekly) 1162
Median age of persons 35
Median housing loan repayment ($/monthly) 1710
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1024 15.0
    25-34 years 874 12.8
    35-44 years 1000 14.7
    45-54 years 1037 15.2
    55-64 years 778 11.4
    Others 2103 30.9
    Age Group
    Census Count Percent(%)
    Not Married 2083 44.0
    Registered Married 2049 43.3
    Defacto Relationship 604 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4853 77.8
    Papua New Guinea 220 3.5
    Philippines 136 2.2
    United Kingdom 211 3.4
    Other 376 6.0
    Others 440 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 128 2.1
    Christianity 4433 72.5
    Hinduism 43 0.7
    Other Religious Groups 41 0.7
    No Religion 1445 23.6
    Others 26 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 237 11.2
    $800-$999 234 11.1
    $1,000-$1,249 212 10.1
    $1,250-$1,499 208 9.9
    $1,500-$1,999 279 13.2
    Others 938 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2064 42.4
    Not in the labour force 1463 30.1
    Employed, worked part-time 933 19.2
    Unemployed, looking for work 232 4.8
    Employed, away from work 172 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 541 17.1
    Technicians & trades workers 477 15.1
    Community & personal service workers 366 11.5
    Clerical & administrative workers 517 16.3
    Sales 370 11.7
    Others 898 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 80 5.4
    Infants/Primary 649 43.6
    Secondary 403 27.1
    Technical or Further Educational Institution 141 9.5
    University or other Tertiary Institutions 177 11.9
    Others 38 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5369 84.0
    Flat, unit or apartment 602 9.4
    Semi-detached, row or terrace house, townhouse 424 6.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 891 37.7
    Being purchased 817 34.6
    Fully owned 650 27.5
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals