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.

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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	HOUSE	UNIT
Median price	$285,000	N/A
Quarterly growth	14.92%	N/A
12-month growth	13.43%	N/A
Average Annual Growth	1.19%	N/A
Weekly median advertised rent	$300	N/A
Number of sales	34	N/A
Gross rental yield	5.47%	N/A
Days on market	64.9310344827586	N/A

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