Suburb Profile Report for Rural View QLD (4740)

Rural View House: Median price $445,000, Annual capital growth 0.11%, Number of sales 146, Weekly median advertised rent $450

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.

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House Report

Over the last year, property investments in Rural View, 4740 have given investors a capital gain of 4.71%. This compares very badly with the 12.16% for QLD as a whole.

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

Vendor discounting in Rural View is giving property investors an average Vendor Discount of around -4.68%. This puts suburb at number 347th in QLD when ranking the most discounted suburbs.

Advertised rents are around the $450 mark per week – giving a return of 5.26% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$445,000	N/A
Quarterly growth	0.91%	N/A
12-month growth	4.71%	N/A
Average Annual Growth	0.11%	N/A
Weekly median advertised rent	$450	N/A
Number of sales	146	N/A
Gross rental yield	5.26%	N/A
Days on market	57.5045871559633	N/A

DSR Score for property investment : Good (H), Above average (U)

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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