Suburb Profile Report for Point Lookout QLD (4183)

Point Lookout House: Median price $827,500, Annual capital growth 3.95%, Number of sales 35, Weekly median advertised rent $1,900

Point Lookout Unit: Median price $450,000, Annual capital growth 0.58%, Number of sales 50, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Point Lookout is in the bottom 10% in QLD when comparing median price capital growth over the last year. Point Lookout gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.06%.

Across a shorter period, Point Lookout, 4183 has seen a median price increase of -3.78% over the last quarter.

At number 287th of QLD’s most discounted properties, Point Lookout is in the middle of the state/territory when listing in order of most discounted to least.

Renters in Suburb are facing rents around $98800 per annum or $1900 every week.

Point Lookout is in the bottom 40% in QLD when comparing median price capital growth over the last year. Point Lookout gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.

When looking at the potential capital gains offered to property investors over the last 3 years, Point Lookout comes in at number 93th in QLD.

Often selling an investment property can take time, and in Point Lookout the average time real estate has been on the market is 180.3 days.

Metrics	HOUSE	UNIT
Median price	$827,500	$450,000
Quarterly growth	-3.78%	-1.64%
12-month growth	-8.06%	0.00%
Average Annual Growth	3.95%	0.58%
Weekly median advertised rent	$1,900	N/A
Number of sales	35	50
Gross rental yield	11.94%	N/A
Days on market	80.125	180.3

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