Suburb Profile Report for Coochiemudlo Island QLD (4184)

Coochiemudlo Island House: Median price $295,000, Annual capital growth -0.45%, Number of sales 26, Weekly median advertised rent $345

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

Are you moving house? Our tip: move your mortgage too.

House Report

At number 3178th in the list of Australian suburbs ordered by increase in median house value over the last year, Coochiemudlo Island, 4184 is in the BOTTOM 30% with a property value increase of -8.53% recorded in median house prices.

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

Vendor discounting in Coochiemudlo Island is giving property investors an average Vendor Discount of around -13.05%. This puts suburb at number 23th in QLD when ranking the most discounted suburbs.

Situated 32.00km from the CBD, Coochiemudlo Island is one of Redland (C) localities in the postcode 4184.

Metrics	HOUSE	UNIT
Median price	$295,000	N/A
Quarterly growth	-20.27%	N/A
12-month growth	-8.53%	N/A
Average Annual Growth	-0.45%	N/A
Weekly median advertised rent	$345	N/A
Number of sales	26	N/A
Gross rental yield	6.08%	N/A
Days on market	153.714285714286	N/A

Your estimated repayment
$1,141.36/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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

Find another suburb

Find a mortgage broker in Coochiemudlo Island QLD

Demographics

Total population	708
Median household income ($/weekly)	802
Median age of persons	52
Median housing loan repayment ($/monthly)	1387
Average household size	1.9

Census	Count	Percent(%)
5-14 years	63	8.9
35-44 years	89	12.6
45-54 years	97	13.7
55-64 years	170	24.0
65-74 years	101	14.3
Others	188	26.6

Age Group

Census	Count	Percent(%)
Not Married	230	44.8
Registered Married	219	42.7
Defacto Relationship	64	12.5

Social Marital Status

Census	Count	Percent(%)
Australia	479	75.4
Greece	7	1.1
Papua New Guinea	41	6.5
United Kingdom	67	10.6
Other	11	1.7
Others	30	4.7

Country of Birth

Census	Count	Percent(%)
Christianity	405	67.7
No Religion	178	29.8
Buddhism	9	1.5
Other Religious Groups	6	1.0
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	41	14.6
$400-$599	41	14.6
$600-$799	39	13.9
$800-$999	39	13.9
$1,000-$1,249	30	10.7
Others	90	32.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	268	47.6
Employed, worked full-time	146	25.9
Employed, worked part-time	90	16.0
Unemployed, looking for work	36	6.4
Employed, away from work	23	4.1

Person Characteristics

Census	Count	Percent(%)
Managers	21	8.2
Professionals	70	27.2
Technicians & trades workers	35	13.6
Clerical & administrative workers	39	15.2
Labourers	36	14.0
Others	56	21.8

Occupation

Census	Count	Percent(%)
Pre-school	11	12.9
Infants/Primary	29	34.1
Secondary	27	31.8
Technical or Further Educational Institution	6	7.1
University or other Tertiary Institutions	9	10.6
Others	3	3.5

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	596	98.2
Flat, unit or apartment	7	1.2
House or flat attached to a shop, office	4	0.7
Semi-detached, row or terrace house, townhouse	0	0.0
Caravan, cabin, houseboat	0	0.0
Others	0	0.0