Suburb Profile Report for Miles QLD (4415)

Miles House: Median price $127,500, Annual capital growth 8.76%, Number of sales 16, Weekly median advertised rent $223

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

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

  • House Report

Investment property in Miles has done 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 -25.66%

Across a shorter period, Miles, 4415 has seen a median price increase of -21.54% over the last quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.80% offered to property buyers. Sellers in Miles itself are offering an average vendor discount of -13.07% to real estate investors.

Often selling an investment property can take time, and in Miles the average time real estate has been on the market is 93 days.

Miles, 4415’s gross rental yield is 9.07%

Metrics i HOUSE UNIT
$127,500 N/A
-21.54% N/A
-25.66% N/A
8.76% N/A
$223 N/A
16 N/A
9.07% N/A
93 N/A

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

DSR Score for property investment : Below average (H), Poor (U)
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Demographics
Total population 1853
Median household income ($/weekly) 940
Median age of persons 40
Median housing loan repayment ($/monthly) 1192
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 268 14.5
    35-44 years 251 13.5
    45-54 years 234 12.6
    55-64 years 221 11.9
    65-74 years 195 10.5
    Others 684 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 654 53.9
    Not Married 452 37.2
    Defacto Relationship 108 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1619 94.2
    Papua New Guinea 16 0.9
    South Africa 13 0.8
    United Kingdom 26 1.5
    Other 10 0.6
    Others 34 2.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.6
    Christianity 1429 84.2
    Hinduism 3 0.2
    Other Religious Groups 4 0.2
    No Religion 248 14.6
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 66 10.8
    $400-$599 89 14.5
    $800-$999 68 11.1
    $1,000-$1,249 64 10.5
    $1,500-$1,999 73 11.9
    Others 252 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 572 41.8
    Not in the labour force 487 35.5
    Employed, worked part-time 237 17.3
    Employed, away from work 52 3.8
    Unemployed, looking for work 22 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 132 15.4
    Technicians & trades workers 115 13.4
    Clerical & administrative workers 97 11.3
    Machinery operators & drivers 119 13.9
    Labourers 110 12.8
    Others 286 33.3
    Occupation
    Census Count Percent(%)
    Pre-school 14 3.9
    Infants/Primary 173 48.7
    Secondary 105 29.6
    Technical or Further Educational Institution 36 10.1
    University or other Tertiary Institutions 21 5.9
    Others 6 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1573 97.3
    Caravan, cabin, houseboat 29 1.8
    Flat, unit or apartment 14 0.9
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 255 39.5
    Rented 216 33.5
    Being purchased 167 25.9
    Other tenure type 7 1.1
    Tenure Type
Census 2011, ABS
Chart Table