Suburb Profile Report for Miles QLD (4415)

Miles House: Median price $182,500, Annual capital growth 6.97%, Number of sales 26, Weekly median advertised rent $240

Miles Unit: Median price $90,000, Annual capital growth -2.30%, Number of sales 11, Weekly median advertised rent $200

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

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

  • House Report
  • Unit Report

Miles has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 40.38% to date .

Taking the average capital gain, or increase in median house value, Miles,4415 has racked up an average of 40.38% over the period. This ranks it number 338th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Miles, 4415. Typically our figures indicate that -9.44% is being offered, which puts this QLD suburb at 84th most discounted overall in Australia.

On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.

Renters in Suburb are facing rents around $10400 per annum or $200 every week.

Metrics i HOUSE UNIT
$182,500 $90,000
-3.95% 0.00%
40.38% N/A
6.97% -2.30%
$240 $200
26 11
6.84% 11.56%
101 N/A

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

DSR Score for property investment : Above average (H), Below average (U)
Find a mortgage broker in Miles QLD
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