Dysart, 4745 ranked 15th in QLD when comparing growth in median property values or capital gain over the last 12 months. Dysart is one of 2415 in our list for QLD
If we look at median property appreciation over just the last three months, Dysart has given property investors a paper return of 1.01%. This puts Suburb as 253 on a list of fastest fasting appreciating suburbs in QLD
At number 8th of QLD’s most discounted properties, Dysart is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Situated 718.75km from the CBD, Dysart is one of Isaac (R) localities in the postcode 4745.
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Dysart’s main drawcard is its spectacular rental market. The town was established in 1973 to service the local mines, and it hasn’t looked back since.
“As a mining community, the Dysart real estate market is heavily geared towards rental accommodation which has placed incredible pressure on rents,” explains PRDnationwide’s Josh Brown. “Accordingly, Dysart is a market which is purely suited to investors who chasing high yields.”
Contributing to Dysart's strong yields are its strikingly low rental vacancy rate, an average weekly family income that was more than double the state average at last count ($2312 vs $1123) and a rental market that’s expected by SQM Research to make up 75% of the population by 2016. All in all, the Dysart rental market’s looking extremely strong.
Listings show a good selection of three-bedroom-plus houses, both high- and low-set, on blocks of over 800m2. Tenants are often already in place but, given Dysart’s super tight rental market, filling a vacant property won’t be an issue.
Dysart is a bit on the remote front, with Mackay and Rockhampton being around a three- and four-hour drive away respectively, but its amenities serve the local mining families just fine. The town has a handful of eating establishments, a supermarket, a couple of pubs, and a primary and secondary school. It’s also home to the Big Belly Dump Truck and Railway Coal Wagon Monument.