Fraud Blocker

Tin Can Bay, QLD 4580

Home » QLD Real Estate Data » Gympie Regional, QLD » Tin Can Bay, QLD 4580

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 Tin Can Bay, QLD 4580 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 “Tin Can Bay, QLD 4580”

  1. The total adult population (15 years or older) of Tin Can Bay 4580 QLD is 2,149, with a median age of 65. Of those, 52.49% are married, 20.66% are divorced or separated, 18.66% are single and 8.10% are widowed.

    The average household size is 1.8 people per dwelling, and the median household monthly income is estimated to be $3,740. The median monthly mortgage repayment for households in this suburb is $1,300 which is 34.76% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque suburb of Tin Can Bay, postcode 4580, is nestled in beautiful Queensland and is home to approximately 1674 households. Q3 of 2023 provides insightful details for the real estate property market in Tin Can Bay, presenting an attractive environment for potential investors and buyers agents.

    Houses in this tranquil haven are valued at an average price of $652,031 with a median weekly rent of $408. This equates to an attractive indicative yield of 3.25%, which surpasses the appealing 3% threshold for cashflow-centered property investors.

    The socioeconomic climate of Tin Can Bay, as measured by the IRSAD score, is rated at 864 out of 1217. This score conveys a reasonable level of economic prosperity and resources in the area. Furthermore, the renter to owner ratio stands at a preferable 27%, indicating a balanced property market that’s not oversaturated with rental properties.

    Highlighting the residential property demographics of the area, the units to houses ratio is a favourable low 9%. This suggests a desirable trend of lower rental competition among landlords, combined with high demand for property, due to fewer units and increased presence of houses.

    However, the affordability index reveals that it would take up 68 years to fully own a property in Tin Can Bay. This timeframe, which exceeds the standard 30-year mortgage period, is an indicator of decreased affordability in the area and is a challenging facet to consider.

    Supply-wise, Tin Can Bay is a promising market with a stock on market Percentage sitting at a favourable 0.14% for houses, and a super low inventory level of 0.41 months. The building approvals Ratio for houses is 0.61%, showing restrained increase in the supply of new dwelling stocks, which is a positive sign for investors in the area.

    In terms of demand metrics, the average days on market for houses is found to be relatively high at 79, bordering on the less favourable spectrum. However, the vacancy rate (combined houses and units) is at a decent 1.79%, suggesting moderate demand in the area. With a buy search index of 5 for houses, online demand for houses in Tin Can Bay is aligned with the state and city average.

    Overall, while some factors such as affordability might present challenges, the majority of key property market indicators position Tin Can Bay as a promising investment area given its healthy yield, low supply and reasonable demand. However, potential investors are encouraged to keep a close eye on market trends, leveraging tools such as RCS (Relative Composite Score) by HtAG Analytics, that automate deep research encompassing over 80 metrics.

    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