Fraud Blocker

Cardwell, QLD 4849

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 Cardwell, QLD 4849 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 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Cardwell, QLD 4849”

  1. The total adult population (15 years or older) of Cardwell 4849 QLD is 1,182, with a median age of 60. Of those, 43.06% are married, 19.97% are divorced or separated, 27.50% are single and 9.98% are widowed.

    The average household size is 1.9 people per dwelling, and the median household monthly income is estimated to be $4,688. The median monthly mortgage repayment for households in this suburb is $1,278 which is 27.26% of their earnings.

    Source: ABS Census Data (2021)

  2. The sunny suburb of Cardwell, carrying the postcode 4849, can be found in the attractive state of Queensland. Housing an estimated 1,284 households, as of the third quarter in 2023, it presents an interesting locale for potential investors in the Australian property market.

    Houses in Cardwell are typically priced at $457,158, with a median weekly rent of $344. This makes for an indicative property yield of 3.91%, an encouraging figure, keeping in mind that a minimum yield of 3% is often a magnet for investors focussed on cashflow.

    Furthermore, Cardwell possesses an IRSAD score of 850 out of a maximum of 1,217, indicating a moderate level of socio-economic resources, income levels and employment opportunities. Such a score positions it as a suburban area with strong potential for growth and investment.

    The renter to owner ratio, sitting at 39%, is slightly higher than the optimal 30% mark, suggesting a more rental-driven market. At the same time, though, the units to houses ratio is a mere 11%, painting a promising picture for landlords hoping to find longer-term tenants with less competition around.

    However, with an affordability index perched at 38 years, prospective homeowners would require more time than a standard 30-year mortgage to own their properties outright. While it’s above the favourable threshold, potential investors should still consider the overall market conditions.

    In terms of supply, the stock on market Percentage for houses stands at 0.65%, a neutral position in our marketplace, and the inventory level for houses is 4.0 months, hinting at a relatively balanced market in terms of supply. Adding weight to this is the Building Approval Ratio for houses, stagnating at 0.0%, indicating no new supply pressure.

    Days on Market, set at 37, reflects a rather high property demand. While the remarkably low Vacancy Rate, a mere 0.2%, aligns with the high demand narrative. This suggests that while the affordability may be a strain, the demand for properties in Cardwell is still substantial.

    Finally, the buy search index for houses is positioned at a neutral standing of 4. This indicates that interest in buying houses in Cardwell is average compared to the rest of Queensland.

    Ultimately, while some indicators like the higher affordability index and above-average renter to owner ratio may concern, a majority of the metrics, such as Indicative Yield, units to houses ratio, vacancy rate and Days on Market, are quite favourable. It is key to remember that the Relative Composite Score (RCS) metric developed by HtAG Analytics can simplify the decision-making processes by aggregating these over 80 metrics of performance and trends.

    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.

Leave a comment