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Blacks Beach, QLD 4740

Home » QLD Real Estate Data » Mackay Regional, QLD » Blacks Beach, QLD 4740

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 Blacks Beach, QLD 4740 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.

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Yield 

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Buy 

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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 “Blacks Beach, QLD 4740”

  1. The total adult population (15 years or older) of Blacks Beach 4740 QLD is 3,095, with a median age of 31. Of those, 42.81% are married, 12.63% are divorced or separated, 42.00% are single and 2.26% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,684. The median monthly mortgage repayment for households in this suburb is $1,733 which is 19.96% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Queensland, the suburb of BLACKS BEACH 4740 is a bustling residential area encompassing roughly 1781 households. Here, houses are being sold for a typical price of approximately $481,276, attracting a median weekly rent of $472. In Q3 of 2023, these prices resulted in an indicative yield of 5.1%, painting a favourable picture for cash flow-centric property investors.

    The area’s IRSAD score of 964 out of 1217 reflects a solid socio-economic status, indicating satisfactory access to economic resources and a community of relatively high-income earning professionals. However, potential investors should take note of the renter to owner ratio sitting at 54%. According to market trends, areas with renter to owner ratios above 45% may present long-term risks and increased competition, potentially lowering returns.

    In terms of unit to house ratio, BLACKS BEACH 4740 seems to be in an advantageous position, with a mere 8% of its properties being units. This low proportion of units can help reduce the competition among landlords for tenants, thus possibly maintaining high rental yields. Moreover, suburbs predominated by houses over units tend to attract families, which can ensure longer tenancy periods.

    The affordability index for houses here is at 22 years, denoting a high level of market accessibility for potential homeowners. Even with standard 30-year mortgages taken into account, the duration required to fully own a property is considerably below-average, making this a favourable locale for both investors and homeowners.

    Looking into the supply metrics, the stock on market Percentage is sitting at 1.03%, indicating a relatively neutral market. The inventory level stands at a low 1.32 months, highlighting the high absorbency rate of the property market here. Meanwhile, the Building Approval Ratio for houses is 1.37%, signifying a balanced new dwelling supply in the local market.

    Demand metrics depict an average market condition, with houses staying on the market for about 58 days. The suburb’s vacancy rate, combining both houses and units, stands at a well-balanced 1.56%. The Buy Search Index, at 5, is near average compared to the state or city—providing a good perspective on property demand within BLACKS BEACH 4740.

    Given these factors, BLACKS BEACH 4740 presents a largely favourable environment for property investment. However, monitoring these metrics and the overall trends remain pivotal in ensuring the success of real estate ventures in the area. Keep in mind that the provided Relative Composite Score (RCS) by HtAG Analytics can simplify your research work, using over 80 metrics to give a comprehensive market understanding.

    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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