Suburb Profile Report for Minyama QLD (4575)

Minyama House: Median price $1,190,000, Annual capital growth 4.64%, Number of sales 49, Weekly median advertised rent $650

Minyama Unit: Median price $365,000, Annual capital growth 2.14%, Number of sales 25, Weekly median advertised rent $375

  • 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
  • Unit Report

At number 90th in the list of Australian suburbs ordered by increase in median house value over the last year, Minyama, 4575 is in the top 10% with a property value increase of 29.00% recorded in median house prices.

The five-year average increase in median property values for Minyama,4575 has given property investors a potential capital gain of 30.05% across each of those five years.

Property investors looking for a bargain in Minyama should be aiming for at least -6.63% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Minyama have been waiting around 75.9643 days to sell a property.

The QLD suburb of Minyama, 4575 is in the Sunshine Coast (R) local government area.

If you compare the increase in value of investment property in Minyama, 4575 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.69%.

When looking at the potential capital gains offered to property investors over the last 3 years, Minyama comes in at number 46th in QLD.

At number 74 in a list of fastest selling suburbs, Minyama is in the TOP 10% of suburbs in Australia with an average of days on market 44.3889 for properties listed there.

Property investors should expect to get $375 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,190,000 $365,000
25.99% 1.39%
29.00% 0.69%
4.64% 2.14%
$650 $375
49 25
2.84% 5.34%
75.9642857142857 44.3888888888889

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 : Above average (H), Good (U)
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Demographics
Total population 2485
Median household income ($/weekly) 1001
Median age of persons 50
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 242 9.7
    35-44 years 235 9.5
    45-54 years 447 18.0
    55-64 years 388 15.6
    65-74 years 340 13.7
    Others 832 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 1091 53.8
    Not Married 775 38.2
    Defacto Relationship 161 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1782 73.8
    Papua New Guinea 204 8.4
    South Africa 34 1.4
    United Kingdom 191 7.9
    Other 50 2.1
    Others 155 6.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 1.4
    Christianity 1784 75.8
    Hinduism 15 0.6
    Islam 12 0.5
    No Religion 498 21.2
    Others 12 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 92 9.5
    $400-$599 125 13.0
    $600-$799 97 10.1
    $800-$999 89 9.2
    $1,500-$1,999 97 10.1
    Others 465 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 902 43.1
    Employed, worked full-time 661 31.6
    Employed, worked part-time 387 18.5
    Unemployed, looking for work 78 3.7
    Employed, away from work 66 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 17.9
    Professionals 202 18.1
    Technicians & trades workers 141 12.6
    Clerical & administrative workers 183 16.4
    Sales 143 12.8
    Others 247 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 19 4.3
    Infants/Primary 138 30.9
    Secondary 169 37.9
    Technical or Further Educational Institution 37 8.3
    University or other Tertiary Institutions 71 15.9
    Others 12 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1898 78.7
    Semi-detached, row or terrace house, townhouse 363 15.0
    Flat, unit or apartment 148 6.1
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 525 49.8
    Being purchased 287 27.2
    Rented 243 23.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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