Suburb Profile Report for Maryborough VIC (3465)

Maryborough House: Median price $211,000, Annual capital growth 4.34%, Number of sales 166, Weekly median advertised rent $235

Maryborough Unit: Median price $219,000, Annual capital growth 5.65%, Number of sales 18, Weekly median advertised rent $205

  • 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 Maryborough, 3465 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.20%.

A 15.93% growth in median value for property investors in Maryborough,3465 puts this suburb at number 115th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Maryborough are currently offering property investors an average price cut of -6.66% below the asking price at the moment.

In the last year 166 properties changed hands in Maryborough, which puts it as the 145th most active market in VIC when comparing the number of sales per suburb.

With a capital gain of 4.91% for the last 12 months, Maryborough, 3465 has performed for property investments than its average annual 5.65% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Maryborough comes in at number 216th in VIC.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Maryborough itself are offering an average vendor discount of -5.25% to real estate investors.

Residents and property investors in Maryborough have been waiting around 129.93 days to sell a property.

Advertised rents are around the $205 mark per week – giving a return of 4.87% based on the median price in Suburb

HOUSE UNIT
$211,000 $219,000
5.50% 1.86%
11.20% 4.91%
4.34% 5.65%
$235 $205
166 18
5.79% 4.87%
121.02 129.93

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 7631
Median household income ($/weekly) 672
Median age of persons 48
Median housing loan repayment ($/monthly) 900
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 851 11.2
    35-44 years 844 11.1
    45-54 years 966 12.7
    55-64 years 1084 14.2
    65-74 years 1015 13.3
    Others 2871 37.6
    Age Group
    Census Count Percent(%)
    Not Married 2633 46.1
    Registered Married 2617 45.9
    Defacto Relationship 456 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6661 92.3
    New Zealand 31 0.4
    Papua New Guinea 44 0.6
    United Kingdom 293 4.1
    Other 46 0.6
    Others 140 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.4
    Christianity 4990 73.0
    Islam 13 0.2
    Other Religious Groups 31 0.5
    No Religion 1765 25.8
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 442 15.0
    $400-$599 612 20.8
    $600-$799 475 16.1
    $800-$999 312 10.6
    $1,000-$1,249 275 9.3
    Others 828 28.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3234 53.8
    Employed, worked full-time 1416 23.6
    Employed, worked part-time 976 16.2
    Employed, away from work 204 3.4
    Unemployed, looking for work 182 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 310 11.9
    Technicians & trades workers 452 17.4
    Community & personal service workers 292 11.3
    Sales 308 11.9
    Labourers 445 17.1
    Others 788 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 102 7.6
    Infants/Primary 521 38.6
    Secondary 459 34.1
    Technical or Further Educational Institution 103 7.6
    University or other Tertiary Institutions 84 6.2
    Others 79 5.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6520 91.8
    Flat, unit or apartment 289 4.1
    Semi-detached, row or terrace house, townhouse 212 3.0
    House or flat attached to a shop, office 47 0.7
    Caravan, cabin, houseboat 38 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1414 45.0
    Rented 865 27.5
    Being purchased 839 26.7
    Other tenure type 25 0.8
    Tenure Type
Census 2011, ABS
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