Mooloolaba

POSTAL CODE: QLD, 4557

HOUSE

UNIT

Property investments in MOOLOOLABA fare well against the rest of the country last year, registering a median home price increase of -10.18%.

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

Based on its average 5-year and quarterly capital gains MOOLOOLABA, 4557 saw average growth in the long term.

Real estate investors could earn a rental income of $720 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 53.9 days.

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

Property investors perceived the median home price rise to $1,482,000.

MOOLOOLABA ranks 687th on the list of best yielding suburbs for rental properties in QLD, posting a 2.53% return.

MOOLOOLABA, 4557 ranks 280th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 20.83% for property investors last year.

Based on its average 5-year and quarterly capital gains MOOLOOLABA, 4557 saw average growth in the long term.

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

Profits due to an upward trend in home prices in MOOLOOLABA, 4557 averaged 9% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.89% increase in returns based on the current median price in MOOLOOLABA.

An average of 19 real estate transactions take place per month in MOOLOOLABA which translates to 228 per annum.

228 properties were sold in MOOLOOLABA during the past year, making it the 249th most active market in QLD based on total real estate transactions.

MOOLOOLABA, 4557 places 130th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,482,000	$870,000
Growth Report
Median Quarterly	-2.5%	5.45%
Median 12 month	-10.18%	20.83%
Median 3 years	5.86%	27.01%
Median 5 years	59.35%	93.33%
10 years average annual	9.21%	9.09%
Weekly media advert. rent	$720	$650
Time on Market	53.9 days	50.5 days
Gross Rental Yield Percent	2.53%	3.89%

Demographics (Median Values)*

Total Population 7374

Weekly Household Income 893.2

Household Size 2.10

Average Age 40

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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