Suburb Profile Report for Monkland QLD (4570)

Monkland House: Median price $285,000, Annual capital growth 1.19%, 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 May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Monkland, 4570 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 13.43%.

Over the longer term, Monkland has seen property prices show investors a 20.00% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Monkland itself are offering an average vendor discount of -5.36% to real estate investors.

Situated 144.04km from the CBD, Monkland is one of Gympie (R) localities in the postcode 4570.

Metrics i HOUSE UNIT
$285,000 N/A
14.92% N/A
13.43% N/A
1.19% N/A
$300 N/A
34 N/A
5.47% N/A
64.9310344827586 N/A

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

DSR Score for property investment : Good (H), Balanced (U)
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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
    Dwelling Structure
    Census Count Percent(%)
    Rented 176 39.1
    Fully owned 137 30.4
    Being purchased 129 28.7
    Other tenure type 8 1.8
    Tenure Type
Census 2011, ABS
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