Suburb Profile Report for Point Lookout QLD (4183)

Point Lookout House: Median price $860,000, Annual capital growth 4.36%, Number of sales 28, Weekly median advertised rent $1,900

Point Lookout Unit: Median price $462,500, Annual capital growth 8.63%, Number of sales 34, Weekly median advertised rent $1,800

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report
Unit Report

Property value increases in Point Lookout have tracked lower than the QLD average of 3.51% over the last 12 months.

Comparing Point Lookout,4183 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Using the current median advertised rental of $1900 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 11.49%

Over the last year, property investments in Point Lookout, 4183 have given investors a capital gain of 25.00%. This compares very favourably with the 1.55% for QLD as a whole.

While Point Lookout,4183 ranked number 270th in QLD for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.

Metrics	HOUSE	UNIT
Median price	$860,000	$462,500
Quarterly growth	8.18%	-1.60%
12-month growth	-11.11%	25.00%
Average Annual Growth	4.36%	8.63%
Weekly median advertised rent	$1,900	$1,800
Number of sales	28	34
Gross rental yield	11.49%	N/A
Days on market	76.4	138.6

DSR Score for property investment : Balanced (H), Below average (U)

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Demographics

Total population	678
Median household income ($/weekly)	850
Median age of persons	48
Median housing loan repayment ($/monthly)	1300
Average household size	2.1

Census	Count	Percent(%)
5-14 years	70	10.3
35-44 years	77	11.4
45-54 years	107	15.8
55-64 years	138	20.4
65-74 years	94	13.9
Others	192	28.3

Age Group

Census	Count	Percent(%)
Not Married	221	45.9
Registered Married	202	41.9
Defacto Relationship	59	12.2

Social Marital Status

Census	Count	Percent(%)
Australia	528	83.8
Papua New Guinea	13	2.1
United Kingdom	44	7.0
United States of America	10	1.6
Other	17	2.7
Others	18	2.9

Country of Birth

Census	Count	Percent(%)
Christianity	370	64.0
No Religion	184	31.8
Buddhism	20	3.5
Other Religious Groups	4	0.7
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	28	11.2
$400-$599	39	15.6
$600-$799	32	12.8
$1,000-$1,249	23	9.2
$1,500-$1,999	29	11.6
Others	99	39.6

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	186	34.9
Employed, worked full-time	167	31.3
Employed, worked part-time	146	27.4
Unemployed, looking for work	21	3.9
Employed, away from work	13	2.4

Person Characteristics

Census	Count	Percent(%)
Managers	62	18.8
Professionals	61	18.5
Technicians & trades workers	49	14.8
Community & personal service workers	42	12.7
Labourers	36	10.9
Others	80	24.2

Occupation

Census	Count	Percent(%)
Infants/Primary	51	42.1
Secondary	34	28.1
Technical or Further Educational Institution	13	10.7
University or other Tertiary Institutions	13	10.7
Pre-school	10	8.3
Others	0	0.0

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	430	72.1
Flat, unit or apartment	98	16.4
Semi-detached, row or terrace house, townhouse	46	7.7
House or flat attached to a shop, office	16	2.7
Caravan, cabin, houseboat	6	1.0
Others	0	0.0