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Macleay Island, QLD 4184

Home » QLD Real Estate Data » Redland City, QLD » Macleay Island, QLD 4184

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 Macleay Island, QLD 4184 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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Rent 

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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 “Macleay Island, QLD 4184”

  1. The total adult population (15 years or older) of Macleay Island 4184 QLD is 2,946, with a median age of 62. Of those, 38.66% are married, 28.95% are divorced or separated, 24.24% are single and 8.18% are widowed.

    The average household size is 1.9 people per dwelling, and the median household monthly income is estimated to be $3,780. The median monthly mortgage repayment for households in this suburb is $900 which is 23.81% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Macleay Island, with postcode 4184, is nestled within the sunny state of Queensland. Comprising an estimated 4,194 households, this mix-aged demographic evoke a vibrant yet mature vibe to the neighbourhood.

    As we cast our lens on the third quarter of 2023, the typical prices for houses in Macleay Island are landing around $446,586. With a decent median weekly rent of $349, investors are witnessing an attractive indicative yield of 4.06%, surpassing the minimum market requirement of 3% and hence, offering considerable returns for cashflow-focused investors.

    In terms of socio-economic standing, Macleay Island possesses an IRSAD score of 844 out of 1,217. This solid score reflects a neighbourhood of relative affluence, where residents have fairly good access to economic resources.

    Rent-to-owner ratio stands firm at 22%, presenting a balanced market that limits competition among property investors and maintaining appeal in the long term. The unit-to-houses ratio currently sits at 0%, revealing a property market composed solely of houses. This is advantageous as there’s reduced competition among landlords for tenants and it attracts longer tenancy periods, commonly afforded by families.

    Assessing the affordability index, it would take 46 years to completely own a house in Macleay Island, indicating a market with reduced affordability. However, property investors with a long-term view could potentially capitalise on this over time.

    Reviewing the supply metrics, the stock-on-market percentage for houses sits comfortably at 0.33%, reflecting a low supply scenario which is favourable to higher price movements. Additionally, the inventory level for houses is a promising 1.63 months, indicative of a dynamically absorbing market that can handle new listings effectively. Meanwhile, the building approvals ratio for houses is at 2.19%, which may project a potential supply-side pressure in the future but it’s currently in the marginal higher supply range.

    In terms of demand, Macleay Island properties spend an average of 96 days on the market. While this leans toward a low-demand scenario, it might signal a cooling period offering bargaining power to buyers. Meanwhile, a vacancy rate of 1.53% signifies a fair balance between supply and demand.

    Lastly, the buy-seek index for houses records a figure of 4, suggesting a neutral demand on Macleay Island. This reveals that the suburb is in stable alignment with the state or city averages.

    Overall, while some metrics present challenges, many factors hint at a robust market in Macleay Island. Keep an eye on the trends via the dashboard for better navigation, and remember, a few mixed indicators are acceptably commonplace when the majority are favourable. Particularly valuable is the RCS metric developed by HtAG Analytics, essentially a shortcut to analysing over 80 diverse 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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