Barcaldine

POSTAL CODE: QLD, 4725

HOUSE

BARCALDINE, 4725 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $255,000.

Profits due to an upward trend in home prices in the suburb averaged 4.03% per annum over a 3-year period.

BARCALDINE now ranks at the 17th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $330 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BARCALDINE, homes and units usually stay on listing for an average of 71 days.

In 2016, 32 properties were sold in BARCALDINE during the past year, making it the 417th most active market in QLD based on total real estate transactions.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$255,000	N/A
Growth Report
Median Quarterly	15.91%	N/A
Median 12 month	-10.48%	N/A
Median 3 years	12.09%	N/A
Median 5 years	18.6%	N/A
10 years average annual	7.31%	N/A
Weekly media advert. rent	$330	N/A
Time on Market	71 days	N/A
Gross Rental Yield Percent	6.73%	N/A

Demographics (Median Values)*

Total Population 1616

Weekly Household Income 871.7

Household Size 2.50

Average Age 36

Monthly Loan Repayment 607

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

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