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Thuringowa Central, QLD 4817

Home » QLD Real Estate Data » Townsville City, QLD » Thuringowa Central, QLD 4817

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Thuringowa Central, QLD 4817 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Thuringowa Central, QLD 4817”

  1. The total adult population (15 years or older) of Thuringowa Central 4817 QLD is 1,605, with a median age of 38. Of those, 41.50% are married, 15.08% are divorced or separated, 38.19% are single and 5.48% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $7,804. The median monthly mortgage repayment for households in this suburb is $1,408 which is 18.04% of their earnings.

    Source: ABS Census Data (2021)

  2. Housing in the suburb of THURINGOWA CENTRAL, postcode 4817, located in the heart of Queensland is showing appealing indicators for property investors. As of Q3 2023, the estimated number of households in the area is near the 950 mark, giving testament to the area’s vibrant growing community.

    Analysing specifics, houses in THURINGOWA CENTRAL are currently priced typically at $362,970 with a promising indicative yield of 5.93%, a figure based on the median weekly rent sitting at $414. These figures signify an attractive opportunity for cashflow-focused investors, being significantly above the minimum attractive market requirement of 3%.

    Simultaneously, the socio-economic status of the suburb, as per the IRSAD score, stands at 941 out of 1217; a reassuring aspect depicting a decent socio-economic landscape. A healthy Renters to Owners ratio, clocking in at 28%, is suggestive of a sturdy market, remaining comfortably below the threshold of 30% that often denotes rental market saturation. With less competition among landlords for tenants, the area maintains high rental yields.

    A low units to houses ratio of 13% reiterates the predominance of houses over units, making it a less competitive environment for landlords, and generally attracting tenants with longer tenancy durations.

    The affordability index rests at 18 years. This implies that on average, a household would be able to fully own a property here in less duration than a standard 30-year mortgage; a major factor adding to its appeal. The low stock on market Percentage (0.26%) and inventory level of 0.63 months indicate low supply, thereby heightening the competitive appeal.

    Furthermore, with a Building Approval Ratio for houses of 0.0%, there’s minimal risk of future oversupply of new dwellings in the suburb. However, the days on market Metric of 99 might point to slightly subdued demand, but with a low vacancy rate of 0.75% and buy search index at 4, it appears demand is quite steady overall.

    While some metrics might not fall strictly into the favourable ranges, the majority do, painting a promising picture overall. It’s often necessary to look beyond standalone figures and towards the bigger picture considering market trends visualised in the dashboard. Utilising tools like HtAG Analytics RCS, automating the research based on over 80 metrics, can provide valuable insights.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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