AREA REPORTS

Margate

QLD/
Margate

Suburb Profile

Margate - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4019

house
unit

Figures from the previous quarter show that capital gains for real estate buyers in MARGATE are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.

On average, rents on listings have reached the $365 mark, reflecting a 4.23% increase in returns based on the current median price in MARGATE.

MARGATE, 4019 ranks 624th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 522nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.23% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $449,000 $405,000
GROWTH REPORT
Median Quarterly 1.24% -2.7%
Median 12 month -1.32% 8%
Median 3 years 11.55% 7.28%
Median 5 years 31.58% 30.65%
10 years average annual 2.48% 1.28%
Weekly media advert. rent $365 $350
Time on Market 58.1 days 111.8 days
Gross Rental Yield Percent 4.23% 4.49%
demographics (median values)
Total Population
6563
Weekly Household Income
649.9
Household Size
2.20
demographics
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Top 10 Birth Countries
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