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Chinchilla
AREA REPORTS

Chinchilla

Chinchilla - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4413

house
unit

Property investments in CHINCHILLA did not fare well against the rest of the country last year, registering a median home price decrease of 10.87%.

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

Based on its average 5-year and quarterly capital gains CHINCHILLA, 4413 saw average growth in the long term.

Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 67.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $255,000.

CHINCHILLA ranks 94th on the list of best yielding suburbs for rental properties in QLD, posting a 6.12% return.

Data report can be found below

Chinchilla
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $255,000 $152,500
GROWTH REPORT
Median Quarterly 3.24% 0%
Median 12 month 10.87% -1.61%
Median 3 years 18.6% 1.67%
Median 5 years -10.7% N/A
10 years average annual -1.44% 31.13%
Weekly media advert. rent $300 $242.5
Time on Market 67.0 days 94.1 days
Gross Rental Yield Percent 6.12% 8.27%
demographics (median values)*
Total Population
3681
Weekly Household Income
918.4
Household Size
2.40
Age
39
Monthly Loan Repayment
910
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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