Suburb Profile Report for Margate QLD (4019)

Margate House: Median price $460,000, Annual capital growth 2.41%, Number of sales 147, Weekly median advertised rent $388

Margate Unit: Median price $395,000, Annual capital growth 0.07%, Number of sales 40, Weekly median advertised rent $320

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.17% which means that Margate, 4019 has done well for property investors by showing a capital gain of 2.22% over the last year

If we look at median property appreciation over just the last three months, Margate has given property investors a paper return of 1.88%. This puts Suburb as 247 on a list of fastest fasting appreciating suburbs in QLD

Margate4019 is located in QLD which offers an average discount of -6.78% to property investors. Margate itself is showing figures that indicate -6.14% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 12.25 sales per month, which equates to 147 per year.

Margate is 513th on a list of best yielding suburbs for rents in QLD with a 4.38% return

Property value increases in Margate have tracked just lower than the QLD average of 0.65% over the last 12 months.

If we look at median property appreciation over just the last three months, Margate has given property investors a paper return of 1.28%. This puts Suburb as 115 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Margate is $395000, with sellers offering an average of -7.76% off the asking price.

The QLD suburb of Margate, 4019 is in the Moreton Bay (R) local government area.

Metrics i HOUSE UNIT
$460,000 $395,000
1.88% 1.28%
2.22% -3.07%
2.41% 0.07%
$388 $320
147 40
4.38% 4.21%
70.0671641791045 113.642857142857

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 7007
Median household income ($/weekly) 845
Median age of persons 42
Median housing loan repayment ($/monthly) 1800
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 801 11.4
    25-34 years 791 11.3
    35-44 years 1009 14.4
    45-54 years 979 14.0
    55-64 years 948 13.5
    Others 2479 35.4
    Age Group
    Census Count Percent(%)
    Not Married 2591 49.1
    Registered Married 2161 40.9
    Defacto Relationship 527 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5045 76.9
    Greece 50 0.8
    Papua New Guinea 411 6.3
    United Kingdom 551 8.4
    Other 199 3.0
    Others 305 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 1.6
    Christianity 4400 70.1
    Islam 17 0.3
    Other Religious Groups 42 0.7
    No Religion 1698 27.1
    Others 21 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 340 12.5
    $400-$599 426 15.6
    $600-$799 317 11.6
    $800-$999 264 9.7
    $1,500-$1,999 300 11.0
    Others 1081 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2267 41.9
    Employed, worked full-time 1787 33.0
    Employed, worked part-time 918 17.0
    Unemployed, looking for work 246 4.5
    Employed, away from work 191 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 483 16.7
    Technicians & trades workers 456 15.8
    Community & personal service workers 359 12.4
    Clerical & administrative workers 425 14.7
    Labourers 371 12.8
    Others 797 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 70 5.6
    Infants/Primary 528 42.4
    Secondary 319 25.6
    Technical or Further Educational Institution 140 11.3
    University or other Tertiary Institutions 133 10.7
    Others 54 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5294 79.9
    Flat, unit or apartment 1093 16.5
    Semi-detached, row or terrace house, townhouse 224 3.4
    House or flat attached to a shop, office 12 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1364 46.7
    Fully owned 779 26.7
    Being purchased 762 26.1
    Other tenure type 16 0.5
    Tenure Type
Census 2011, ABS
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