Suburb Profile Report for Malanda QLD (4885)

Malanda House: Median price $290,000, Annual capital growth 3.40%, Number of sales 32, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 2542th in the list of Australian suburbs ordered by increase in median house value over the last year, Malanda, 4885 is in the BOTTOM 40% with a property value increase of 1.75% recorded in median house prices.

While Malanda,4885 ranked number 583th in QLD for increase in median house value (annualised) increase, it is ranked 642th over the last 5 years.

Our latest figures would indicate that property sellers in Malanda are currently offering property investors an average price cut of -9.70% below the asking price at the moment.

At number 3044 in a list of fastest selling suburbs, Malanda is in the bottom 20% of suburbs in Australia with an average of days on market 115.5 for properties listed there.

HOUSE UNIT
$290,000 N/A
-1.19% N/A
1.75% N/A
3.40% N/A
N/A N/A
32 N/A
N/A N/A
115.5 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 2052
Median household income ($/weekly) 746
Median age of persons 47
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 272 13.3
    35-44 years 239 11.6
    45-54 years 319 15.5
    55-64 years 317 15.4
    65-74 years 257 12.5
    Others 648 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 724 50.9
    Not Married 565 39.7
    Defacto Relationship 134 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1675 86.1
    Greece 32 1.6
    Papua New Guinea 48 2.5
    United Kingdom 86 4.4
    Other 40 2.1
    Others 64 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.8
    Christianity 1303 70.1
    Hinduism 3 0.2
    Other Religious Groups 9 0.5
    No Religion 523 28.1
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 72 10.8
    $400-$599 113 17.0
    $600-$799 95 14.3
    $800-$999 64 9.6
    $1,500-$1,999 74 11.1
    Others 248 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 655 43.0
    Employed, worked full-time 439 28.8
    Employed, worked part-time 324 21.2
    Unemployed, looking for work 60 3.9
    Employed, away from work 47 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 99 12.2
    Professionals 121 14.9
    Technicians & trades workers 132 16.2
    Community & personal service workers 105 12.9
    Labourers 119 14.6
    Others 238 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 19 5.0
    Infants/Primary 179 47.2
    Secondary 130 34.3
    Technical or Further Educational Institution 24 6.3
    University or other Tertiary Institutions 20 5.3
    Others 7 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1711 92.8
    Flat, unit or apartment 85 4.6
    Caravan, cabin, houseboat 25 1.4
    Semi-detached, row or terrace house, townhouse 19 1.0
    House or flat attached to a shop, office 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 313 41.1
    Rented 237 31.1
    Being purchased 206 27.1
    Other tenure type 5 0.7
    Tenure Type
Census 2011, ABS
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