Suburb Profile Report for Monkland QLD (4570)

Monkland House: Median price $252,500, Annual capital growth 0.79%, Number of sales 26, Weekly median advertised rent $290

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

QLD has seen average median house prices change by 0.78% which means that Monkland, 4570 has done well for property investors by showing a capital gain of 3.06% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Monkland comes in at number 568th in QLD.

LACK OF BUYER INTEREST may well be the reason that Monkland is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 362th in terms of most discounted suburbs in QLD

In the last year 26 properties changed hands in Monkland, which puts it as the 611th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 0.79%, investors should hope to achieve an overall return of 5.97%

Metrics	HOUSE	UNIT
Median price	$252,500	N/A
Quarterly growth	0.50%	N/A
12-month growth	3.06%	N/A
Average Annual Growth	0.79%	N/A
Weekly median advertised rent	$290	N/A
Number of sales	26	N/A
Gross rental yield	5.97%	N/A
Days on market	64.7307692307692	N/A

Your estimated repayment
$976.93/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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