Suburb Profile Report for Maryborough VIC (3465)

Maryborough House: Median price $195,000, Annual capital growth 3.50%, Number of sales 166, Weekly median advertised rent $235

Maryborough Unit: Median price $219,000, Annual capital growth 3.78%, Number of sales 22, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report
  • Unit Report

Maryborough is in the bottom 20% in VIC when comparing median price capital growth over the last year. Maryborough gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.52%.

Taking the average capital gain, or increase in median house value, Maryborough,3465 has racked up an average of 0.52% over the period. This ranks it number 3329th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -6.97% to buyers in Maryborough at the moment, which is less than average for the rest of VIC.

In the last year 166 properties changed hands in Maryborough, which puts it as the 147th most active market in VIC when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $2820 per annum or $235 every week.

Maryborough is in the TOP 10% in VIC when comparing median price capital growth over the last year. Maryborough gave property investors a very good capital gain figure when compared to the rest of the state, with 16.80%.

Maryborough,3465 has offered an average of 16.80% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Maryborough are currently offering property investors an average price cut of -6.11% below the asking price at the moment.

At number 1376 in a list of fastest selling suburbs, Maryborough is in the bottom 10% of suburbs in Australia with an average of days on market 132 for properties listed there.

Maryborough is 78th on a list of best yielding suburbs for rents in VIC with a 4.99% return

Metrics i HOUSE UNIT
$195,000 $219,000
-6.70% -0.45%
0.52% 16.80%
3.50% 3.78%
$235 $210
166 22
6.27% 4.99%
131.57 132

Source: CoreLogic

DSR Score for property investment : Above average (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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