Suburb Profile Report for Maryborough VIC (3465)

Maryborough House: Median price $189,000, Annual capital growth 3.29%, Number of sales 184, Weekly median advertised rent $235

Maryborough Unit: Median price $220,000, Annual capital growth 4.56%, Number of sales 16, Weekly median advertised rent $213

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Maryborough has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.57%

Maryborough,3465 has offered an average of -3.57% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Maryborough is giving property investors an average Vendor Discount of around -6.57%. This puts suburb at number 146th in VIC when ranking the most discounted suburbs.

Residents and property investors in Maryborough have been waiting around 123.66 days to sell a property.

Maryborough, 3465’s gross rental yield is 6.47%

Property value increases in Maryborough have tracked close to the VIC average of 4.90% over the last 12 months.

Comparing Maryborough,3465 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Maryborough is offering property investors an average of -4.83. This rate of discount on properties puts Suburb at number 39th in terms of most discounted suburbs in VIC

The VIC suburb of Maryborough, 3465 is in the Central Goldfields local government area.

Metrics i HOUSE UNIT
$189,000 $220,000
-2.58% 0.46%
-3.57% 2.92%
3.29% 4.56%
$235 $213
184 16
6.47% 5.02%
123.66 148.92

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Maryborough VIC
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
Chart Table
Recent sales & rentals