Suburb Profile Report for Proserpine QLD (4800)

Proserpine House: Median price $283,000, Annual capital growth -0.62%, Number of sales 91, Weekly median advertised rent $350

  • 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

Investment property in Proserpine has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.81%

A 6.79% growth in median value for property investors in Proserpine,4800 puts this suburb at number 503th in terms of best performing suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Proserpine is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 108th in terms of most discounted suburbs in QLD

On average over the past year, suburb has had 7.58 sales per month, which equates to 91 per year.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$283,000 N/A
3.28% N/A
4.81% N/A
-0.62% N/A
$350 N/A
91 N/A
6.43% N/A
90.5961538461538 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), Balanced (U)
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Demographics
Total population 3390
Median household income ($/weekly) 929
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 486 14.3
    25-34 years 378 11.2
    35-44 years 448 13.2
    45-54 years 467 13.8
    55-64 years 393 11.6
    Others 1218 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 1086 47.8
    Not Married 902 39.7
    Defacto Relationship 284 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2883 90.6
    Papua New Guinea 69 2.2
    Philippines 20 0.6
    United Kingdom 90 2.8
    Other 33 1.0
    Others 86 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.4
    Christianity 2439 79.8
    Islam 3 0.1
    Other Religious Groups 18 0.6
    No Religion 581 19.0
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 115 10.4
    $400-$599 159 14.4
    $600-$799 124 11.2
    $800-$999 134 12.1
    $1,500-$1,999 156 14.1
    Others 416 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 948 38.3
    Employed, worked full-time 946 38.2
    Employed, worked part-time 425 17.2
    Employed, away from work 80 3.2
    Unemployed, looking for work 77 3.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 248 17.1
    Clerical & administrative workers 172 11.9
    Sales 167 11.5
    Machinery operators & drivers 206 14.2
    Labourers 207 14.3
    Others 451 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 35 5.4
    Infants/Primary 318 48.8
    Secondary 183 28.1
    Technical or Further Educational Institution 57 8.8
    University or other Tertiary Institutions 42 6.5
    Others 16 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2601 85.5
    Flat, unit or apartment 358 11.8
    Semi-detached, row or terrace house, townhouse 46 1.5
    Caravan, cabin, houseboat 25 0.8
    House or flat attached to a shop, office 11 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 494 39.8
    Fully owned 380 30.6
    Being purchased 360 29.0
    Other tenure type 8 0.6
    Tenure Type
Census 2011, ABS
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