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Malanda
AREA REPORTS

Malanda

Malanda - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4885

house

Property investors have seen a -3.45% drop in MALANDA based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MALANDA, 4885 saw average growth in the long term.

The QLD suburb also 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 $350,000

Profits averaged 1.49% per annum over a 3-year period, due to an upward trend in home prices in MALANDA, 4885.

This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

The gross rental yield in MALANDA, 4885 is 5.05%.

An average of 4.5 real estate transactions take place per month in MALANDA which translates to 54 per annum.

Data report can be found below

Malanda
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $350,000 N/A
GROWTH REPORT
Median Quarterly -3.45% N/A
Median 12 month -3.11% N/A
Median 3 years 4.48% N/A
Median 5 years 17.65% N/A
10 years average annual 0.73% N/A
Weekly media advert. rent $340 N/A
Time on Market 56.6 days N/A
Gross Rental Yield Percent 5.05% N/A
demographics (median values)*
Total Population
1928
Weekly Household Income
678.7
Household Size
2.40
Age
44
Monthly Loan Repayment
880
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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