Suburb Profile Report for Maryborough VIC (3465)

Maryborough House: Median price $189,500, Annual capital growth 3.36%, Number of sales 195, Weekly median advertised rent $240

Maryborough Unit: Median price $215,000, Annual capital growth 4.74%, Number of sales 15, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3737th in the list of Australian suburbs ordered by increase in median house value over the last year, Maryborough, 3465 is in the BOTTOM 20% with a property value increase of -7.56% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Maryborough,3465 has racked up an average of -7.56% over the period. This ranks it number 3519th in the whole country for real estate investors looking at median house price increases.

Maryborough, 3465 is offering VIC ‘s 133th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

Often selling an investment property can take time, and in Maryborough the average time real estate has been on the market is 119.1 days.

Using the current median advertised rental of $240 and the average annual increase in value of a median property of 3.36%, investors should hope to achieve an overall return of 6.59%

At number 1240th in the list of Australian suburbs ordered by increase in median house value over the last year, Maryborough, 3465 is in the BOTTOM 30% with a property value increase of -1.38% recorded in median house prices.

A 15.75% growth in median value for property investors in Maryborough,3465 puts this suburb at number 330th in terms of best performing suburbs in VIC

Property buyers and investors in Maryborough 3465 should be seeing an average reduction in asking price of around -7.23% . This means that Maryborough is holding prices well when compared to other suburbs in VIC.

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

Property investors should expect to get $215 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$189,500 $215,000
-5.25% -3.37%
-7.56% -1.38%
3.36% 4.74%
$240 $215
195 15
6.59% 5.20%
119.1 141.27

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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Recent sales & rentals