Suburb Profile Report for Mossman QLD (4873)

Mossman House: Median price $350,000, Annual capital growth 1.90%, Number of sales 25, Weekly median advertised rent $350

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

QLD has seen average median house prices change by 1.17% which means that Mossman, 4873 has done well for property investors by showing a capital gain of 0.00% over the last year

Over the longer term, Mossman has seen property prices show investors a 24.06% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Mossman should be aiming for at least -8.60% off the asking price, which is the average vendor discount being achieved at the moment.

At number 3193 in a list of fastest selling suburbs, Mossman is in the bottom 20% of suburbs in Australia with an average of days on market 113.4 for properties listed there.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 1.90%.

Metrics	HOUSE	UNIT
Median price	$350,000	N/A
Quarterly growth	-1.41%	N/A
12-month growth	0.00%	N/A
Average Annual Growth	1.90%	N/A
Weekly median advertised rent	$350	N/A
Number of sales	25	N/A
Gross rental yield	5.20%	N/A
Days on market	113.4	N/A

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

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Demographics

Total population	1731
Median household income ($/weekly)	867
Median age of persons	38
Median housing loan repayment ($/monthly)	1820
Average household size	2.5

Census	Count	Percent(%)
5-14 years	247	14.3
25-34 years	172	9.9
35-44 years	271	15.7
45-54 years	223	12.9
55-64 years	213	12.3
Others	605	35.0

Age Group

Census	Count	Percent(%)
Not Married	530	46.4
Registered Married	441	38.6
Defacto Relationship	172	15.0

Social Marital Status

Census	Count	Percent(%)
Australia	1342	87.1
Greece	17	1.1
Papua New Guinea	35	2.3
United Kingdom	66	4.3
Other	27	1.8
Others	53	3.4

Country of Birth

Census	Count	Percent(%)
Christianity	1086	73.5
No Religion	357	24.2
Buddhism	22	1.5
Other Religious Groups	9	0.6
Hinduism	3	0.2
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	56	10.6
$400-$599	63	11.9
$600-$799	66	12.5
$800-$999	63	11.9
$1,500-$1,999	66	12.5
Others	216	40.8

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	434	36.9
Employed, worked full-time	407	34.6
Employed, worked part-time	226	19.2
Unemployed, looking for work	57	4.9
Employed, away from work	51	4.3

Person Characteristics

Census	Count	Percent(%)
Professionals	84	12.3
Technicians & trades workers	144	21.1
Community & personal service workers	84	12.3
Clerical & administrative workers	76	11.1
Labourers	117	17.1
Others	178	26.1

Occupation

Census	Count	Percent(%)
Pre-school	17	5.5
Infants/Primary	152	49.5
Secondary	88	28.7
Technical or Further Educational Institution	20	6.5
University or other Tertiary Institutions	16	5.2
Others	14	4.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1256	80.4
Flat, unit or apartment	148	9.5
Semi-detached, row or terrace house, townhouse	133	8.5
Caravan, cabin, houseboat	21	1.3
House or flat attached to a shop, office	5	0.3
Others	0	0.0