Suburb Profile Report for Blackall QLD (4472)

Blackall House: Median price $69,500, Annual capital growth -4.81%, Number of sales 28, Weekly median advertised rent $173

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Over the last year, property investments in Blackall, 4472 have given investors a capital gain of -20.57%. This compares very badly with the 0.01% for QLD as a whole.

While Blackall,4472 ranked number 87th in QLD for increase in median house value (annualised) increase, it is ranked 825th over the last 5 years.

Property buyers and investors in Blackall 4472 should be seeing an average reduction in asking price of around -6.94% . This means that Blackall is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Blackall being $69500 and the advertised rent reaching $172.5 the gross rental yield for property investors calculates out to be 12.91%

Information supplied by:


February 2019

M
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W
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Affordability comes with decline

Postcode: 4472

Median house price: $90,000

Three-year growth: -31.3%

Rental yield: 9.2%

A suburb built on the wool industry, Blackall is a destination for many tourists. It has a historical claim to being the first “black stump,” as well as being the home of Jack Howe, who set a world sheep-shearing record that was not broken for nearly 60 years.

The Shamrock Stroll historical walk introduces the best of the suburb’s history, but Blackall has its finger on the pulse of the present by establishing itself as the Arts Capital of the West. The suburb prominently displays sculptures, carvings and murals created by both local and popular artists.

One of Queensland’s most affordable suburbs, Blackall’s median house price comes in at under $100,000. However, it has also been on a steady and steep decline for a while, with values dropping by 30% in the November 2018 quarter.

Metrics i HOUSE UNIT
$69,500 N/A
4.51% N/A
-20.57% N/A
-4.81% N/A
$173 N/A
28 N/A
12.91% N/A
79.0625 N/A

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 1587
Median household income ($/weekly) 853
Median age of persons 42
Median housing loan repayment ($/monthly) 1060
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 192 12.1
    25-34 years 184 11.6
    35-44 years 195 12.3
    45-54 years 232 14.6
    55-64 years 229 14.4
    Others 556 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 602 53.7
    Not Married 380 33.9
    Defacto Relationship 139 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1465 94.7
    Papua New Guinea 18 1.2
    Philippines 16 1.0
    United Kingdom 19 1.2
    Other 7 0.5
    Others 22 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1307 87.0
    No Religion 193 12.8
    Buddhism 3 0.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 59 10.9
    $400-$599 82 15.2
    $600-$799 70 13.0
    $800-$999 53 9.8
    $1,250-$1,499 49 9.1
    Others 226 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 522 42.5
    Not in the labour force 417 33.9
    Employed, worked part-time 218 17.7
    Employed, away from work 50 4.1
    Unemployed, looking for work 22 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 194 24.6
    Technicians & trades workers 83 10.5
    Sales 73 9.3
    Machinery operators & drivers 68 8.6
    Labourers 170 21.5
    Others 201 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 14 5.4
    Infants/Primary 136 52.7
    Secondary 73 28.3
    Technical or Further Educational Institution 14 5.4
    University or other Tertiary Institutions 15 5.8
    Others 6 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1355 92.6
    Semi-detached, row or terrace house, townhouse 24 1.6
    Flat, unit or apartment 58 4.0
    Caravan, cabin, houseboat 10 0.7
    House or flat attached to a shop, office 9 0.6
    Others 7 0.5
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 267 43.3
    Rented 189 30.7
    Being purchased 144 23.4
    Other tenure type 16 2.6
    Tenure Type
Census 2011, ABS
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