Suburb Profile Report for Macleay Island QLD (4184)

Macleay Island House: Median price $225,000, Annual capital growth -0.48%, Number of sales 95, Weekly median advertised rent $280

  • 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.

  • House Report

Investment property in Macleay Island has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.26%

A 11.11% growth in median value for property investors in Macleay Island,4184 puts this suburb at number 345th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Macleay Island should be aiming for at least -9.27% off the asking price, which is the average vendor discount being achieved at the moment.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 6.47%, without taking into account capital value appreciation, which has been averaging out at -0.48%.

Metrics i HOUSE UNIT
$225,000 N/A
0.00% N/A
-4.26% N/A
-0.48% N/A
$280 N/A
95 N/A
6.47% N/A
142.583333333333 N/A

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.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2571
Median household income ($/weekly) 573
Median age of persons 52
Median housing loan repayment ($/monthly) 1100
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 313 12.2
    35-44 years 250 9.7
    45-54 years 342 13.3
    55-64 years 535 20.8
    65-74 years 473 18.4
    Others 659 25.6
    Age Group
    Census Count Percent(%)
    Not Married 829 45.3
    Registered Married 823 45.0
    Defacto Relationship 177 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1756 75.4
    Greece 33 1.4
    Papua New Guinea 172 7.4
    United Kingdom 221 9.5
    Other 60 2.6
    Others 87 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.1
    Christianity 1386 63.3
    Islam 5 0.2
    Other Religious Groups 18 0.8
    No Religion 755 34.5
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 177 17.6
    $400-$599 233 23.1
    $600-$799 143 14.2
    $800-$999 103 10.2
    $1,000-$1,249 84 8.3
    Others 267 26.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1210 62.7
    Employed, worked full-time 285 14.8
    Employed, worked part-time 271 14.0
    Unemployed, looking for work 111 5.8
    Employed, away from work 53 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 87 14.4
    Technicians & trades workers 105 17.3
    Community & personal service workers 71 11.7
    Sales 73 12.0
    Labourers 89 14.7
    Others 181 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 20 5.2
    Infants/Primary 181 47.0
    Secondary 106 27.5
    Technical or Further Educational Institution 34 8.8
    University or other Tertiary Institutions 26 6.8
    Others 18 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2292 99.1
    House or flat attached to a shop, office 8 0.3
    Flat, unit or apartment 6 0.3
    Caravan, cabin, houseboat 4 0.2
    Semi-detached, row or terrace house, townhouse 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 435 40.3
    Rented 319 29.6
    Being purchased 317 29.4
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
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