Suburb Profile Report for Avoca QLD (4670)

Avoca House: Median price $295,000, Annual capital growth -0.77%, Number of sales 82, Weekly median advertised rent $320

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

Property value increases in Avoca have tracked just lower than the QLD average of 2.19% over the last 12 months.

The five-year average increase in median property values for Avoca,4670 has given property investors a potential capital gain of -4.22% across each of those five years.

Our latest figures would indicate that property sellers in Avoca are currently offering property investors an average price cut of -6.12% below the asking price at the moment.

Often selling an investment property can take time, and in Avoca the average time real estate has been on the market is 77.87 days.

With the median price for a house in Avoca being $295000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.64%

Metrics i HOUSE UNIT
$295,000 N/A
-2.88% N/A
-3.28% N/A
-0.77% N/A
$320 N/A
82 N/A
5.64% N/A
77.87 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 5045
Median household income ($/weekly) 872
Median age of persons 42
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 686 13.6
    25-34 years 545 10.8
    35-44 years 564 11.2
    45-54 years 581 11.5
    65-74 years 532 10.5
    Others 2138 42.4
    Age Group
    Census Count Percent(%)
    Registered Married 2008 54.5
    Not Married 1362 37.0
    Defacto Relationship 312 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4402 90.9
    Papua New Guinea 64 1.3
    Philippines 29 0.6
    United Kingdom 176 3.6
    Other 58 1.2
    Others 115 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.6
    Christianity 3745 80.0
    Hinduism 11 0.2
    Other Religious Groups 19 0.4
    No Religion 869 18.6
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 181 10.3
    $400-$599 307 17.4
    $600-$799 240 13.6
    $800-$999 186 10.6
    $1,500-$1,999 185 10.5
    Others 664 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1768 45.9
    Employed, worked full-time 1153 29.9
    Employed, worked part-time 661 17.2
    Unemployed, looking for work 135 3.5
    Employed, away from work 133 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 307 15.8
    Technicians & trades workers 289 14.8
    Clerical & administrative workers 291 14.9
    Sales 239 12.3
    Labourers 260 13.3
    Others 563 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 49 4.8
    Infants/Primary 443 43.7
    Secondary 343 33.8
    Technical or Further Educational Institution 63 6.2
    University or other Tertiary Institutions 94 9.3
    Others 22 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4227 88.1
    Semi-detached, row or terrace house, townhouse 528 11.0
    Flat, unit or apartment 25 0.5
    Caravan, cabin, houseboat 16 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 741 38.9
    Being purchased 544 28.6
    Rented 443 23.3
    Other tenure type 175 9.2
    Tenure Type
Census 2011, ABS
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