Suburb Profile Report for Jubilee Pocket QLD (4802)

Jubilee Pocket House: Median price $404,000, Annual capital growth -0.99%, Number of sales 31, Weekly median advertised rent $450

Jubilee Pocket Unit: Median price $181,000, Annual capital growth -7.32%, Number of sales 20, Weekly median advertised rent $335

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

Jubilee Pocket has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.94% to date .

Over the longer term, Jubilee Pocket has seen property prices show investors a 6.67% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Jubilee Pocket is giving property investors an average Vendor Discount of around -5.47%. This puts suburb at number 474th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Jubilee Pocket the average time real estate has been on the market is 60.03 days.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

QLD has seen average median house prices change by 0.73% which means that Jubilee Pocket, 4802 has done well for property investors by showing a capital gain of 24.83% over the last year

Jubilee Pocket,4802 has offered an average of 24.83% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Jubilee Pocket is giving property investors an average Vendor Discount of around -8.04%. This puts suburb at number 29th in QLD when ranking the most discounted suburbs.

With the median price for a house in Jubilee Pocket being $181000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 9.62%

Information supplied by:


July 2018

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One of the Sunshine State’s highest-yield suburbs (9% return for investors), Jubilee Pocket reported a stunning turnaround in its unit market’s status following several years of downturnFull summary

Tides turn in the sunshine state

Postcode: 4802

Median unit price: $180,000

Three-year growth: -5.3%

Rental yield: 9.8%

One of the Sunshine State’s highest-yield suburbs (9% return for investors), Jubilee Pocket reported a stunning turnaround in its unit market’s status following several years of downturn.

Apartment prices shot up by 27% in the 12 months to April 2018, bringing the median value to $180,000. This affordability could have been a major factor in catching the attention of buyers. Jubilee Pocket is also near the tourist spot of Airlie Beach, which attracts a lot of holidaymakers.

Jubilee Pocket inspires a comfortable country lifestyle. Residents enjoy the suburb’s relaxed atmosphere and closeness to nature, being nestled in the Whitsunday hills. It maintains a warm climate throughout the year, making it especially popular with tourists during winter, and is home to a rainforest. Popular recreational hobbies include nature walks, jet-skiing and other water-based activities.

Close
Metrics i HOUSE UNIT
$404,000 $181,000
-1.76% -2.16%
4.94% 24.83%
-0.99% -7.32%
$450 $335
31 20
5.79% 9.62%
60.03 93.13

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Jubilee Pocket QLD
Demographics
Total population 1690
Median household income ($/weekly) 1264
Median age of persons 34
Median housing loan repayment ($/monthly) 2032
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 215 12.7
    25-34 years 340 20.1
    35-44 years 337 19.9
    45-54 years 234 13.8
    55-64 years 175 10.3
    Others 390 23.1
    Age Group
    Census Count Percent(%)
    Registered Married 431 39.9
    Not Married 421 39.0
    Defacto Relationship 228 21.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1186 80.4
    Papua New Guinea 71 4.8
    South Africa 18 1.2
    United Kingdom 120 8.1
    Other 37 2.5
    Others 44 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 836 59.5
    No Religion 538 38.3
    Buddhism 19 1.4
    Hinduism 7 0.5
    Islam 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 47 9.1
    $1,000-$1,249 58 11.2
    $1,250-$1,499 46 8.9
    $1,500-$1,999 87 16.8
    $2,000-$2,499 65 12.5
    Others 216 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 578 49.7
    Employed, worked part-time 250 21.5
    Not in the labour force 225 19.3
    Employed, away from work 56 4.8
    Unemployed, looking for work 54 4.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 115 13.0
    Technicians & trades workers 192 21.7
    Community & personal service workers 106 12.0
    Clerical & administrative workers 103 11.6
    Labourers 98 11.1
    Others 272 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 17 6.0
    Infants/Primary 142 50.4
    Secondary 53 18.8
    Technical or Further Educational Institution 37 13.1
    University or other Tertiary Institutions 18 6.4
    Others 15 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1165 80.7
    Flat, unit or apartment 124 8.6
    Semi-detached, row or terrace house, townhouse 112 7.8
    Caravan, cabin, houseboat 43 3.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 272 47.0
    Being purchased 214 37.0
    Fully owned 93 16.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals