Suburb Profile Report for Marcus Beach QLD (4573)

Marcus Beach House: Median price $800,000, Annual capital growth 2.66%, Number of sales 11, Weekly median advertised rent $620

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

Source: CoreLogic

  • House Report

Investment property in Marcus Beach has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.06%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marcus Beach has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Marcus Beach should be aiming for at least -2.28% off the asking price, which is the average vendor discount being achieved at the moment.

A $620 per week rent on the median house gives suburb investors a gross yield of circa 4.03%, without taking into account capital value appreciation, which has been averaging out at 2.66%.

Metrics i HOUSE UNIT
$800,000 N/A
0.95% N/A
-0.06% N/A
2.66% N/A
$620 N/A
11 N/A
4.03% N/A
40.4 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 765
Median household income ($/weekly) 1233
Median age of persons 45
Median housing loan repayment ($/monthly) 1843
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 116 15.2
    35-44 years 98 12.8
    45-54 years 164 21.5
    55-64 years 104 13.6
    65-74 years 86 11.3
    Others 195 25.6
    Age Group
    Census Count Percent(%)
    Registered Married 301 53.2
    Not Married 200 35.3
    Defacto Relationship 65 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 600 80.2
    Papua New Guinea 32 4.3
    United Kingdom 55 7.4
    United States of America 16 2.1
    Other 12 1.6
    Others 33 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 391 55.0
    No Religion 294 41.4
    Buddhism 17 2.4
    Other Religious Groups 6 0.8
    Hinduism 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 36 14.0
    $800-$999 25 9.7
    $1,250-$1,499 25 9.7
    $1,500-$1,999 44 17.1
    $2,500-$2,999 25 9.7
    Others 103 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 215 36.0
    Employed, worked full-time 176 29.4
    Employed, worked part-time 159 26.6
    Unemployed, looking for work 26 4.3
    Employed, away from work 22 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 47 13.2
    Professionals 103 29.0
    Technicians & trades workers 42 11.8
    Clerical & administrative workers 42 11.8
    Sales 38 10.7
    Others 83 23.4
    Occupation
    Census Count Percent(%)
    Pre-school 14 6.9
    Infants/Primary 85 42.1
    Secondary 53 26.2
    Technical or Further Educational Institution 15 7.4
    University or other Tertiary Institutions 30 14.9
    Others 5 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 688 92.7
    Flat, unit or apartment 39 5.3
    Semi-detached, row or terrace house, townhouse 15 2.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 125 42.1
    Being purchased 96 32.3
    Rented 76 25.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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