Longreach Regional, QLD

Longreach is a local government area in Queensland, Australia’s Central West. The Longreach property market is reasonably stable, with prices remaining relatively consistent over the past few years. There is potential for growth in the future, as the area continues to develop and attract new residents. The market is mainly comprised of family homes, with a few units and rural properties also available.

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The Longreach regional economy is based on broadacre agriculture, tourism and mining. The region is a major producer of wool, beef and lamb. The LGA is also rich in natural resources with major deposits of coal, copper and gold.

Managers, Professionals, Technicians and Trades Workers, Labourers, and Clerical and Administrative Workers are the most frequent jobs in Longreach, accounting for 19.0 %, 15.7 %, 13.1 %, and 12.9 %, respectively. Longreach’s typical weekly personal income for persons aged 15 and over is $726.

Separate homes account for 88.2 % of occupied private residences in Longreach, while semi-detached, row or terrace houses, townhouses, and other buildings account for 2.9 %, flats or apartments account for 4.5 %, and other dwellings account for 3.6 %.

Discover the latest trends for sales and rentals in Longreach LGA with the help of interactive dashboard on this page.

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Capital Growth Heatmap

Property Market Snapshot

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

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Longreach Regional, QLD

What other property markets are there near Longreach Regional, QLD?

The Longreach Region is a local government area in Central West Queensland, Australia.

How many people live in Longreach Regional, QLD?

There are approximately 4000 people living in roughly 2400 dwellings in total, with an average household size of 2.3.

What major retailers are there in Longreach Regional, QLD?

There are main retailers such as R.M.Williams Longreach, IGA SUPA, Shoe B Doo.

What is the main industry in Longreach Regional, QLD?

Such sectors as Beef Cattle Farming, Hospitals, Local Government Administration, Supermarket and Grocery Stores, Primary Education take the largest part of the employment.

What are the dominant demographic groups in Longreach Regional, QLD?

Among approximately 4000 people in Longreach (R) males and females make roughly 49% and 51% respectively. The median age of people is 40 years. Children aged 0-14 years account for approximately 19% of the population, and those aged 65+ years account for 16%.

How is unemployment rate trading in Longreach Regional, QLD?

Among approximately 2000 people employed, roughly 68% work full-time, 21% work part-time, and an estimated 3.5% are unemployed.

Suburbs/localities in this Local Government Area: Ilfracombe 4727, Isisford 4731, Longreach 4730

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