Suburb Profile Report for Tin Can Bay QLD (4580)

Tin Can Bay House: Median price $340,000, Annual capital growth 1.52%, Number of sales 59, Weekly median advertised rent $300

  • 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.

  • House Report

With a capital gain of 3.03% for the last 12 months, Tin Can Bay, 4580 has performed for property investments than its average annual 1.52% property growth over the last 5 years.

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

LACK OF BUYER INTEREST may well be the reason that Tin Can Bay is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 185th in terms of most discounted suburbs in QLD

With the median price for a house in Tin Can Bay being $340000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.59%

Metrics i HOUSE UNIT
$340,000 N/A
0.00% N/A
3.03% N/A
1.52% N/A
$300 N/A
59 N/A
4.59% N/A
110.875 N/A

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.

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 1993
Median household income ($/weekly) 578
Median age of persons 58
Median housing loan repayment ($/monthly) 1300
Average household size 1.9
  • Census Count Percent(%)
    5-14 years 166 8.3
    45-54 years 259 13.0
    55-64 years 445 22.3
    65-74 years 437 21.9
    75-84 years 195 9.8
    Others 491 24.6
    Age Group
    Census Count Percent(%)
    Registered Married 797 53.3
    Not Married 593 39.6
    Defacto Relationship 106 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1574 85.3
    Greece 21 1.1
    Papua New Guinea 49 2.7
    United Kingdom 119 6.4
    Other 25 1.4
    Others 57 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 1256 73.4
    No Religion 430 25.1
    Buddhism 19 1.1
    Other Religious Groups 6 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 48 5.9
    $300-$399 124 15.2
    $400-$599 211 25.8
    $600-$799 146 17.8
    $800-$999 93 11.4
    Others 196 24.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1107 68.4
    Employed, worked full-time 219 13.5
    Employed, worked part-time 199 12.3
    Unemployed, looking for work 59 3.6
    Employed, away from work 35 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 49 10.8
    Professionals 54 11.9
    Technicians & trades workers 85 18.8
    Sales 61 13.5
    Labourers 85 18.8
    Others 119 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 4 2.0
    Infants/Primary 99 48.3
    Secondary 71 34.6
    Technical or Further Educational Institution 21 10.2
    University or other Tertiary Institutions 6 2.9
    Others 4 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1389 78.8
    Flat, unit or apartment 198 11.2
    Caravan, cabin, houseboat 136 7.7
    Semi-detached, row or terrace house, townhouse 32 1.8
    House or flat attached to a shop, office 8 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 423 49.1
    Rented 320 37.2
    Being purchased 109 12.7
    Other tenure type 9 1.0
    Tenure Type
Census 2011, ABS
Chart Table