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Meringandan, QLD 4352

Home » QLD Real Estate Data » Toowoomba Regional, QLD » Meringandan, QLD 4352

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 Meringandan, QLD 4352 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 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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 “Meringandan, QLD 4352”

  1. The total adult population (15 years or older) of Meringandan 4352 QLD is 376, with a median age of 34. Of those, 56.65% are married, 11.70% are divorced or separated, 30.59% are single and 1.33% are widowed.

    The average household size is 3.1 people per dwelling, and the median household monthly income is estimated to be $8,932. The median monthly mortgage repayment for households in this suburb is $1,517 which is 16.98% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the heart of QLD, the suburb of MERINGANDAN 4352 is home to an estimated 221 households. The real estate market for this quaint enclave has been thriving as of Q3 of 2023, with typical house prices sitting comfortably at $636,126. The median weekly rent in the area is $480, yielding an indicative rental return of an attractive 3.92%.

    Deciphering the socio-economic landscape of MERINGANDAN, the IRSAD score sits at a solid 1006 out of 1217. This score indicates that the residents command a relatively good access to economic resources and a heathy lifestyle; reflective of the suburb’s appeal.

    The investment landscape of MERINGANDAN is further solidified by a low renter to owner ratio of 15%, suggesting a strong owner-occupier market. The unit to house ratio being 0% indicates that the property market in the area is decentralized with houses, making it a market often favoured by families seeking a long-term tenancy, which speaks volumes about stability and investment security.

    Assessing the property market’s affordability, the ‘Years to Own’ metric is at 28 years for houses in MERINGANDAN. This suggests a rational level of affordability that balances investor appeal and buyer capability.

    On the supply aspect, the stock on market Percentage for houses in MERINGANDAN is 0.45%, implying a balanced market condition that neither favours buyers nor sellers excessively. The inventory level is at a favourable low supply of 2.0 months, which points to a dynamic and active market. Meanwhile, the building approvals Ratio is relatively high at 14.03%, indicating a further supply of houses in the pipeline.

    The average number of days houses spend in the market is 40, suggesting a reasonable demand for real estate assets in the area. The combined vacancy rate of both houses and units is 2.86%, lying within a range that indicates a neutral demand.

    Shifting the analysis to digital activity, the buy search index shows a value of 3 for houses. This hints at a moderate interest in house purchases in MERINGANDAN, reinforcing the overall potential as a worthwhile property market to keep on any property investor’s radar.

    However, it’s essential to monitor market trends meticulously and consider the RCS (Relative Composite Score) developed by HtAG Analytics for a comprehensive investment view. Due to the fluctuating market conditions, some metrics may fall in an unfavourable range; however, as long as the majority of metrics are favourable, the overall picture remains promising.

    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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