Suburb Profile Report for Minyama QLD (4575)

Minyama House: Median price $1,200,000, Annual capital growth 4.04%, Number of sales 53, Weekly median advertised rent $650

Minyama Unit: Median price $362,500, Annual capital growth 3.13%, Number of sales 37, Weekly median advertised rent $368

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.81% which means that Minyama, 4575 has done well for property investors by showing a capital gain of 42.01% over the last year

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.74% offered to property buyers. Sellers in Minyama itself are offering an average vendor discount of -4.12% to real estate investors.

In the last year 53 properties changed hands in Minyama, which puts it as the 416th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 4.04%, investors should hope to achieve an overall return of 2.82%

If you compare the increase in value of investment property in Minyama, 4575 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.40%.

Taking the average capital gain, or increase in median house value, Minyama,4575 has racked up an average of 12.40% over the period. This ranks it number 659th in the whole country for real estate investors looking at median house price increases.

At number 273th of QLD’s most discounted properties, Minyama is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $367.5 mark per week – giving a return of 5.27% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,200,000 $362,500
N/A 2.03%
42.01% 12.40%
4.04% 3.13%
$650 $368
53 37
2.82% 5.27%
91.4 46.14

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Minyama QLD
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
Chart Table
Recent sales & rentals