Suburb Profile Report for Maryborough VIC (3465)

Maryborough House: Median price $232,250, Annual capital growth 4.65%, Number of sales 174, Weekly median advertised rent $260

Maryborough Unit: Median price $218,000, Annual capital growth 3.83%, Number of sales 19, Weekly median advertised rent $228

  • 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.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 3.22% for the last year, Maryborough, 3465 is the 1171th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Maryborough comes in at number 423th in VIC.

Sellers are offering property buyers an average discount of -6.56% to buyers in Maryborough at the moment, which is less than average for the rest of VIC.

Often selling an investment property can take time, and in Maryborough the average time real estate has been on the market is 71.5145 days.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.82%, without taking into account capital value appreciation, which has been averaging out at 4.65%.

Maryborough, 3465 ranked 217th in VIC when comparing growth in median property values or capital gain over the last 12 months. Maryborough is one of 2099 in our list for VIC

Across a shorter period, Maryborough, 3465 has seen a median price increase of -3.11% over the last quarter.

Maryborough3465 is located in VIC which offers an average discount of -6.31% to property investors. Maryborough itself is showing figures that indicate -4.40% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $11830 per annum or $227.5 every week.

Metrics i HOUSE UNIT
$232,250 $218,000
-1.38% -3.11%
3.22% -3.11%
4.65% 3.83%
$260 $228
174 19
5.82% 5.43%
71.5144927536232 75.1

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.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7631
Median household income ($/weekly) 672
Median age of persons 48
Median housing loan repayment ($/monthly) 900
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 851 11.2
    35-44 years 844 11.1
    45-54 years 966 12.7
    55-64 years 1084 14.2
    65-74 years 1015 13.3
    Others 2871 37.6
    Age Group
    Census Count Percent(%)
    Not Married 2633 46.1
    Registered Married 2617 45.9
    Defacto Relationship 456 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6661 92.3
    New Zealand 31 0.4
    Papua New Guinea 44 0.6
    United Kingdom 293 4.1
    Other 46 0.6
    Others 140 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.4
    Christianity 4990 73.0
    Islam 13 0.2
    Other Religious Groups 31 0.5
    No Religion 1765 25.8
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 442 15.0
    $400-$599 612 20.8
    $600-$799 475 16.1
    $800-$999 312 10.6
    $1,000-$1,249 275 9.3
    Others 828 28.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3234 53.8
    Employed, worked full-time 1416 23.6
    Employed, worked part-time 976 16.2
    Employed, away from work 204 3.4
    Unemployed, looking for work 182 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 310 11.9
    Technicians & trades workers 452 17.4
    Community & personal service workers 292 11.3
    Sales 308 11.9
    Labourers 445 17.1
    Others 788 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 102 7.6
    Infants/Primary 521 38.6
    Secondary 459 34.1
    Technical or Further Educational Institution 103 7.6
    University or other Tertiary Institutions 84 6.2
    Others 79 5.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6520 91.8
    Flat, unit or apartment 289 4.1
    Semi-detached, row or terrace house, townhouse 212 3.0
    House or flat attached to a shop, office 47 0.7
    Caravan, cabin, houseboat 38 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1414 45.0
    Rented 865 27.5
    Being purchased 839 26.7
    Other tenure type 25 0.8
    Tenure Type
Census 2011, ABS
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