Suburb Profile Report for Jubilee Pocket QLD (4802)

Jubilee Pocket House: Median price $405,250, Annual capital growth -0.92%, Number of sales 30, Weekly median advertised rent $450

Jubilee Pocket Unit: Median price $181,000, Annual capital growth -8.94%, Number of sales 22, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Jubilee Pocket, 4802 ranked 294th in QLD when comparing growth in median property values or capital gain over the last 12 months. Jubilee Pocket is one of 2415 in our list for QLD

Jubilee Pocket,4802 was ranked 2688 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Jubilee Pocket are currently offering property investors an average price cut of -5.51% below the asking price at the moment.

Jubilee Pocket is 102th on a list of best yielding suburbs for rents in QLD with a 5.77% return

Property value increases in Jubilee Pocket have tracked higher than the QLD average of 0.74% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jubilee Pocket has fallen somewhat when compared to the 5 year average annual rate.

Property investors looking for a bargain in Jubilee Pocket should be aiming for at least -7.69% off the asking price, which is the average vendor discount being achieved at the moment.

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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
$405,250 $181,000
-0.55% 0.56%
5.26% 26.57%
-0.92% -8.94%
$450 $340
30 22
5.77% 9.77%
58.84 85.86

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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
Chart Table
Recent sales & rentals