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Longreach Regional, QLD

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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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Suburb Heatmap Analysis

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

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5BR

Rent 

2BR

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4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

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3BR

Yield 

1BR

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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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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 trending 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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