Suburb Profile Report for Rural View QLD (4740)

Rural View House: Median price $425,000, Annual capital growth 0.17%, Number of sales 75, Weekly median advertised rent $400

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.

Are you moving house? Our tip: move your mortgage too.

House Report

Rural View has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.59% to date .

Comparing Rural View,4740 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors looking for a bargain in Rural View should be aiming for at least -8.35% off the asking price, which is the average vendor discount being achieved at the moment.

The QLD suburb of Rural View, 4740 is in the Mackay (R) local government area.

Metrics	HOUSE	UNIT
Median price	$425,000	N/A
Quarterly growth	-1.16%	N/A
12-month growth	7.59%	N/A
Average Annual Growth	0.17%	N/A
Weekly median advertised rent	$400	N/A
Number of sales	75	N/A
Gross rental yield	4.89%	N/A
Days on market	78.3478260869565	N/A

Your estimated repayment
$1,644.33/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Balanced (H), Balanced (U)

Find another suburb

Find a mortgage broker in Rural View QLD

Demographics

Total population	3324
Median household income ($/weekly)	2402
Median age of persons	32
Median housing loan repayment ($/monthly)	2400
Average household size	3.2

Census	Count	Percent(%)
0-4 years	286	8.6
5-14 years	575	17.3
25-34 years	504	15.2
35-44 years	574	17.3
45-54 years	533	16.0
Others	853	25.7

Age Group

Census	Count	Percent(%)
Registered Married	1194	56.8
Not Married	631	30.0
Defacto Relationship	277	13.2

Social Marital Status

Census	Count	Percent(%)
Australia	2688	85.9
Papua New Guinea	139	4.4
South Africa	90	2.9
United Kingdom	94	3.0
Other	46	1.5
Others	73	2.3

Country of Birth

Census	Count	Percent(%)
Buddhism	27	0.9
Christianity	2171	73.0
Hinduism	8	0.3
Islam	10	0.3
No Religion	750	25.2
Others	6	0.2

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	121	15.8
$2,000-$2,499	100	13.0
$2,500-$2,999	143	18.6
$3,000-$3,499	109	14.2
$4,000 or more	65	8.5
Others	230	29.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1248	54.4
Not in the labour force	443	19.3
Employed, worked part-time	424	18.5
Employed, away from work	122	5.3
Unemployed, looking for work	58	2.5

Person Characteristics

Census	Count	Percent(%)
Managers	187	10.4
Professionals	288	16.1
Technicians & trades workers	408	22.8
Clerical & administrative workers	237	13.2
Machinery operators & drivers	194	10.8
Others	478	26.7

Occupation

Census	Count	Percent(%)
Pre-school	42	5.0
Infants/Primary	388	46.4
Secondary	263	31.4
Technical or Further Educational Institution	52	6.2
University or other Tertiary Institutions	72	8.6
Others	20	2.4

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2998	99.6
Flat, unit or apartment	7	0.2
Semi-detached, row or terrace house, townhouse	4	0.1
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0