Middlemount

POSTAL CODE: QLD, 4746

HOUSE

UNIT

Property investments in MIDDLEMOUNT did not fare well against the rest of the country last year, registering a median home price decrease of 10.84%.

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 MIDDLEMOUNT, 4746 saw average growth in the long term.

Real estate investors could earn a rental income of N/A 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 N/A.

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 $230,000.

MIDDLEMOUNT ranks 883rd on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

Based on its average 5-year and quarterly capital gains MIDDLEMOUNT, 4746 saw average growth in the long term.

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

Profits due to an upward trend in home prices in MIDDLEMOUNT, 4746 averaged 0% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in MIDDLEMOUNT.

An average of 0.83 real estate transactions take place per month in MIDDLEMOUNT which translates to 10 per annum.

10 properties were sold in MIDDLEMOUNT during the past year, making it the 425th most active market in QLD based on total real estate transactions.

MIDDLEMOUNT, 4746 places 375th 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	$230,000	$172,500
Growth Report
Median Quarterly	4.55%	-2.82%
Median 12 month	10.84%	4.55%
Median 3 years	0%	0%
Median 5 years	0%	0%
10 years average annual	13.06%	15.73%
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	0%

Demographics (Median Values)*

Total Population 2044

Weekly Household Income 2108

Household Size 3.10

Average Age 30

Monthly Loan Repayment 546

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

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