Suburb Profile Report for Bakers Creek QLD (4740)

Bakers Creek House: Median price $407,500, Annual capital growth 3.16%, Number of sales 27, Weekly median advertised rent $498

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Bakers Creek has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.24% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bakers Creek has fallen somewhat when compared to the 5 year average annual rate.

Bakers Creek, 4740 is offering QLD ‘s 254th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.

Often selling an investment property can take time, and in Bakers Creek the average time real estate has been on the market is 89.7647 days.

Advertised rents are around the $497.5 mark per week – giving a return of 6.35% based on the median price in Suburb

Metrics i HOUSE UNIT
$407,500 N/A
5.03% N/A
1.24% N/A
3.16% N/A
$498 N/A
27 N/A
6.35% N/A
89.7647058823529 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 919
Median household income ($/weekly) 1305
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 116 12.6
    25-34 years 113 12.3
    35-44 years 136 14.8
    45-54 years 168 18.3
    55-64 years 94 10.2
    Others 292 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 277 45.5
    Not Married 247 40.6
    Defacto Relationship 85 14.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 764 90.6
    Papua New Guinea 33 3.9
    Philippines 11 1.3
    United Kingdom 15 1.8
    Other 8 0.9
    Others 12 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 589 73.8
    No Religion 192 24.1
    Other Religious Groups 8 1.0
    Islam 6 0.8
    Buddhism 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 25 9.9
    $800-$999 25 9.9
    $1,000-$1,249 21 8.3
    $1,500-$1,999 38 15.1
    $2,000-$2,499 22 8.7
    Others 121 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 354 52.4
    Not in the labour force 179 26.5
    Employed, worked part-time 101 15.0
    Employed, away from work 29 4.3
    Unemployed, looking for work 12 1.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 108 22.5
    Clerical & administrative workers 55 11.4
    Sales 41 8.5
    Machinery operators & drivers 94 19.5
    Labourers 79 16.4
    Others 104 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 3 2.0
    Infants/Primary 88 59.9
    Secondary 36 24.5
    Technical or Further Educational Institution 12 8.2
    University or other Tertiary Institutions 5 3.4
    Others 3 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 770 94.8
    Caravan, cabin, houseboat 26 3.2
    Flat, unit or apartment 12 1.5
    Semi-detached, row or terrace house, townhouse 4 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 125 42.5
    Fully owned 100 34.0
    Rented 66 22.4
    Other tenure type 3 1.0
    Tenure Type
Census 2011, ABS
Chart Table