Suburb Profile Report for Clermont QLD (4721)

Clermont House: Median price $197,500, Annual capital growth -0.64%, Number of sales 34, Weekly median advertised rent $290

  • 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.

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  • House Report

Over the last year, property investments in Clermont, 4721 have given investors a capital gain of -11.43%. This compares very badly with the 1.17% for QLD as a whole.

If we look at median property appreciation over just the last three months, Clermont has given property investors a paper return of -1.25%. This puts Suburb as 672 on a list of fastest fasting appreciating suburbs in QLD

At number 43th of QLD’s most discounted properties, Clermont is in the bottom 10% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.

With the median price for a house in Clermont being $197500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 7.64%

Information supplied by:


April 2019

M
O

W
E

Upswing in volatile suburb

Postcode: 4721

Median house price: $205,000

Three-year growth: -9.9%

Rental yield: 7.6%

The suburb of Clermont in Queensland’s Isaac Region is mainly an agricultural hub, but it also has a reputation for being one of the most historic pockets of northern Australia.

Clermont was the first inland settlement in the tropics, and investigation of the land yielded a gold mine – literally. The vintage charm of old Clermont can still be seen today in the area, and its history is celebrated in the Clermont Historical Centre. Other attractions in the suburb include Hoods Lagoon, The Stump and Theresa Creek Dam.

Clermont is not stuck in the past, though – currently, it flourishes with a shopping centre, sports facilities, a racecourse, a showground, hospital and schools. It also recorded incredible 42.4% growth in the 12 months to February 2019; however, buyers should not get too excited as this market is quite volatile.

Metrics i HOUSE UNIT
$197,500 N/A
-1.25% N/A
-11.43% N/A
-0.64% N/A
$290 N/A
34 N/A
7.64% N/A
157.454545454545 N/A

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 : Balanced (H), Balanced (U)
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Demographics
Total population 3057
Median household income ($/weekly) 1684
Median age of persons 34
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 432 14.1
    25-34 years 481 15.7
    35-44 years 433 14.2
    45-54 years 432 14.1
    55-64 years 308 10.1
    Others 971 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 1054 53.8
    Not Married 660 33.7
    Defacto Relationship 244 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2635 92.7
    Papua New Guinea 47 1.7
    South Africa 24 0.8
    United Kingdom 40 1.4
    Other 29 1.0
    Others 67 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.6
    Christianity 2217 81.0
    Hinduism 19 0.7
    Islam 7 0.3
    No Religion 474 17.3
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 74 8.4
    $1,500-$1,999 112 12.7
    $2,000-$2,499 72 8.2
    $2,500-$2,999 124 14.0
    $3,000-$3,499 80 9.1
    Others 421 47.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1086 49.3
    Not in the labour force 591 26.9
    Employed, worked part-time 358 16.3
    Employed, away from work 131 6.0
    Unemployed, looking for work 35 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 180 11.4
    Professionals 162 10.3
    Technicians & trades workers 336 21.3
    Machinery operators & drivers 339 21.5
    Labourers 186 11.8
    Others 371 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 36 5.9
    Infants/Primary 312 51.3
    Secondary 163 26.8
    Technical or Further Educational Institution 50 8.2
    University or other Tertiary Institutions 40 6.6
    Others 7 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2430 90.5
    Flat, unit or apartment 106 3.9
    Caravan, cabin, houseboat 90 3.4
    Improvised home, tent, sleepers out 46 1.7
    Semi-detached, row or terrace house, townhouse 14 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 412 41.0
    Fully owned 324 32.3
    Being purchased 258 25.7
    Other tenure type 10 1.0
    Tenure Type
Census 2011, ABS
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