Suburb Profile Report for Mooroobool QLD (4870)

Mooroobool House: Median price $351,500, Annual capital growth 2.97%, Number of sales 92, Weekly median advertised rent $370

Mooroobool Unit: Median price $207,000, Annual capital growth 0.10%, Number of sales 39, Weekly median advertised rent $275

  • 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 Mooroobool, 4870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -8.82%.

Taking the average capital gain, or increase in median house value, Mooroobool,4870 has racked up an average of -8.82% over the period. This ranks it number 2804th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Mooroobool are currently offering property investors an average price cut of -7.24% below the asking price at the moment.

Often selling an investment property can take time, and in Mooroobool the average time real estate has been on the market is 91.18 days.

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

Property investors who have had real estate in Mooroobool, 4870 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.76%

Across a shorter period, Mooroobool, 4870 has seen a median price increase of 3.50% over the last quarter.

Our latest figures would indicate that property sellers in Mooroobool are currently offering property investors an average price cut of -11.29% below the asking price at the moment.

In the last year 39 properties changed hands in Mooroobool, which puts it as the 197th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3300 per annum or $275 every week.

Metrics i HOUSE UNIT
$351,500 $207,000
-3.70% 3.50%
-8.82% 3.76%
2.97% 0.10%
$370 $275
92 39
5.47% 6.91%
91.18 153.63

Source: CoreLogic

DSR Score for property investment : Above average (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