Suburb Profile Report for Monkland QLD (4570)

Monkland House: Median price $290,000, Annual capital growth 0.93%, Number of sales 34, Weekly median advertised rent $300

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. 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

Monkland has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 16.70% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Monkland comes in at number 40th in QLD.

Property investors looking for a bargain in Monkland should be aiming for at least -5.26% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Monkland the average time real estate has been on the market is 82.7857 days.

Metrics	HOUSE	UNIT
Median price	$290,000	N/A
Quarterly growth	1.75%	N/A
12-month growth	16.70%	N/A
Average Annual Growth	0.93%	N/A
Weekly median advertised rent	$300	N/A
Number of sales	34	N/A
Gross rental yield	5.38%	N/A
Days on market	82.7857142857143	N/A

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

Find another suburb

Find a mortgage broker in Monkland QLD

Demographics

Total population	1161
Median household income ($/weekly)	754
Median age of persons	35
Median housing loan repayment ($/monthly)	1192
Average household size	2.4

Census	Count	Percent(%)
5-14 years	163	14.0
25-34 years	142	12.2
35-44 years	122	10.5
45-54 years	142	12.2
55-64 years	132	11.4
Others	460	39.6

Age Group

Census	Count	Percent(%)
Not Married	407	48.9
Registered Married	330	39.7
Defacto Relationship	95	11.4

Social Marital Status

Census	Count	Percent(%)
Australia	1018	90.7
Papua New Guinea	35	3.1
United Kingdom	30	2.7
Viet Nam	5	0.4
Other	12	1.1
Others	22	2.0

Country of Birth

Census	Count	Percent(%)
Christianity	730	69.4
No Religion	296	28.1
Buddhism	14	1.3
Other Religious Groups	12	1.1
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	47	11.3
$400-$599	88	21.1
$600-$799	68	16.3
$800-$999	46	11.0
$1,000-$1,249	43	10.3
Others	125	30.0

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	386	44.5
Employed, worked full-time	260	30.0
Employed, worked part-time	154	17.8
Unemployed, looking for work	39	4.5
Employed, away from work	28	3.2

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	80	18.1
Community & personal service workers	45	10.2
Sales	51	11.5
Machinery operators & drivers	69	15.6
Labourers	81	18.3
Others	117	26.4

Occupation

Census	Count	Percent(%)
Pre-school	13	5.1
Infants/Primary	109	43.1
Secondary	72	28.5
Technical or Further Educational Institution	30	11.9
Other type of educational institution	17	6.7
Others	12	4.7

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	984	89.2
Caravan, cabin, houseboat	51	4.6
Semi-detached, row or terrace house, townhouse	42	3.8
Flat, unit or apartment	26	2.4
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0