This property is Off Market
With an average age of 49, households expect an average monthly mortgage payment of $1,560 or a weekly rent payment of $325. The average family earns a weekly income of $1,431 with a typical household size of 2.2 and a 96.65% employment rate.
In South Mission Beach there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in South Mission Beach is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in South Mission Beach leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in South Mission Beach requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in South Mission Beach the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
(Country of Birth not stated 9%)
Tully a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
12 / 100
32 / 100
Industry
10 / 100
32 / 100
Population
42 / 100
40 / 100
House Prices
48 / 100
63 / 100
Jobs
06 / 100
31 / 100
Incidents Trend State Average
Tully State School
Tully, QLD, 4854 State Prep-6
Murray River Upper State School
Murray Upper, QLD, 4854 State Prep-6
Mission Beach State School
Wongaling Beach, QLD, 4852 State Prep-6
St Clare's School
Tully, QLD, 4854 Independent Prep-6
Tully State High School
Tully, QLD, 4854 State 7-12
St John's School
Silkwood, QLD, 4856 Independent Prep-6
Feluga State School
Feluga, QLD, 4854 State Prep-6
El Arish State School
El Arish, QLD, 4855 State Prep-6
Silkwood State School
Silkwood, QLD, 4856 State Prep-6
Lower Tully State School
Lower Tully, QLD, 4854 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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