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Shoal Point, QLD 4750

Home » QLD Real Estate Data » Mackay Regional, QLD » Shoal Point, QLD 4750

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 Shoal Point, QLD 4750 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 

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Rent 

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Yield 

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Buy 

1BR

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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 “Shoal Point, QLD 4750”

  1. The total adult population (15 years or older) of Shoal Point 4750 QLD is 884, with a median age of 42. Of those, 56.33% are married, 11.99% are divorced or separated, 28.73% are single and 3.28% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $11,164. The median monthly mortgage repayment for households in this suburb is $2,050 which is 18.36% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Queensland, the suburb of Shoal Point 4750 is a small residential community that houses about 553 households. According to Q3 2023 data, the typical price for houses in this area stands at $608,634, while the median weekly rent sits at $560, generating an indicative yield of 4.78%, considerably above the minimum attractive market requirement of 3% for cashflow-centred property investors.

    The socio-economic condition of the locality, as reflected in the IRSAD score, is quite good with 1035 out of 1217, indicating better socio-economic status of the population in the area. The renter to owner ratio in Shoal Point is 20%, revealing a balanced market, making it a potential investment hub. At the same time, units to houses ratio at 7% indicates less over-saturation of the market with rentals, potentially better rental yields and more family-centric rentals.

    Looking at affordability, with an index of 21 years, Shoal Point presents a relatively high affordability for buyers compared to areas resulting in over 31 years to own. An average housing property can be entirely owned in considerably less time than a standard 30-year mortgage.

    The suburb shows a neutral supply situation, as indicated by the stock on market percentage of 1.83% for houses. However, the inventory level sits slightly high at 4.36 months, trending towards a high supply market. In comparison, the building approval ratio is low at 1.83%, indicating low upcoming supply.

    Regarding average days on market (DoM) for houses, a value of 61 days is observed, which indicates a moderate demand in the area. The vacancy rate at 1.85% points to a balanced demand situation, which could be favourable for property investors. Lastly, a buy search index of 5 signifies that searches are at the state/city average, hinting at typical buyer interest in the area.

    While some metrics veer towards the high supply and moderate demand end of the spectrum, the overall favourable socio-economic score, affordable housing and low renter to owner ratio, can make Shoal Point a consideration for property investors. Nonetheless, keeping an eye on individual metrics and their trends can help refine your investment decisions. Consider employing the help of tools like the RCS (Relative Composite Score) developed by HtAG Analytics, which simplifies property investment analysis incorporating 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.

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