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Middle Ridge, QLD 4350

Home » QLD Real Estate Data » Toowoomba Regional, QLD » Middle Ridge, QLD 4350

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 Middle Ridge, QLD 4350 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 “Middle Ridge, QLD 4350”

  1. The total adult population (15 years or older) of Middle Ridge 4350 QLD is 6,048, with a median age of 43. Of those, 62.35% are married, 8.27% are divorced or separated, 23.30% are single and 6.27% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $9,652. The median monthly mortgage repayment for households in this suburb is $1,950 which is 20.20% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Queensland, the suburb of MIDDLE RIDGE 4350 is a vibrant community that includes an estimated 3096 households. By the third quarter of 2023, the typical prices attributed to houses in MIDDLE RIDGE 4350 had surged to a substantial $1,082,448. Simultaneously, the predominant weekly rent for the suburb was measured at $513, which corresponds to an indicative yield of 2.46%.

    Although the yield falls slightly below the 3% benchmark attractive to cashflow-centric property investors, it’s still noteworthy for its relative stability in this dynamic property market segment. Furthermore, the IRSAD score, an index measuring socioeconomic conditions in the locale, is sitting comfortably at 1061 out of a potential score of 1217. This signifies a thriving community with robust economic resources, high income levels, and an impressive number of skilled professionals.

    In terms of rental activity, MIDDLE RIDGE 4350 presents an appealing renter to owner ratio of 20%, lying comfortably below the 30% benchmark indicating a well-balanced rental market and limited competition amongst investors. This ratio, coupled with the suburb’s units to houses ratio of only 8%, emphasises the prevailing allure of houses over rental units, thus further reinforcing the viability of long-term investment.

    However, the affordability index for houses in MIDDLE RIDGE 4350 is estimated at 44 years. This somewhat high predictor of ownership duration points towards the premium value of properties in the area, thus possibly indicating decreased affordability amongst resident homebuyers.

    In terms of supply, the stock on market Percentage for houses is an encouraging 0.29%, comfortably under the 0.4% threshold indicative of a favourable low supply market. Complementing this, the inventory level for the area’s houses is quaintly poised at just 0.83 months, showing a brisk absorption of new property listings and promising healthy market activity.

    Meanwhile, the building approvals Ratio, a surrogate for potential new dwelling stock and supply, stays moderate at 0.58%. Coupled with a reasonable 57 days on market average for houses, it suggests a diverse, lively housing market that still maintains a balanced seller’s market condition.

    In the rental market, the combined houses and units vacancy rate is 1.94%. This is considered a neutral demand, indicating a balanced market. The buy search index of 4, although falls into an average demand condition, still shows a decent interest level when benchmarked against state or city averages.

    In essence, MIDDLE RIDGE 4350 presents as a buzzing property market with a focus on residential houses. The promising economic status and propensity for homeowner supremacy, balanced with controlled supply and steady demand, prevails as a potent allure for both homebuyers and property investors alike.

    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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