Fraser Coast Regional CouncilEconomic profile
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Fraser Coast Regional Council

Rental listings

At June 2017, the Fraser Coast Regional Council had a median house rental of $330, $55 lower than the median house rental for Queensland.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2013-2017, Automated Valuation System

Rental listings
Fraser Coast Regional Council20172014Change
Housing value (at June)Fraser Coast Regional CouncilQueenslandFraser Coast Regional Council relative to QueenslandFraser Coast Regional CouncilQueenslandFraser Coast Regional Council relative to Queensland2014 to 2017
House--------------
First Quartile$285$310-8.1%$260$315-17.5%+$25
Median$330$385-14.3%$300$380-21.1%+$30
Third Quartile$370$465-20.4%$350$450-22.2%+$20
Median Rental Yield5.6%4.9%--5.2%5.1%----
Unit--------------
First Quartile$240$280-14.3%$220$275-20.0%+$20
Median$280$350-20.0%$260$340-23.5%+$20
Third Quartile$320$420-23.8%$300$400-25.0%+$20
Median Rental Yield6.5%5.5%--5.8%5.6%----

Source: Hometrack 2014-2017, Automated Valuation System.

Rental listings, 2017
Rental listings, 2017 Third Quartile, Queensland: $420 Median, Queensland: $350 First Quartile, Queensland: $280 Third Quartile, Queensland: $465 Median, Queensland: $385 First Quartile, Queensland: $310 Third Quartile, Fraser Coast Regional Council: $320 Median, Fraser Coast Regional Council: $280 First Quartile, Fraser Coast Regional Council: $240 Third Quartile, Fraser Coast Regional Council: $370 Median, Fraser Coast Regional Council: $330 First Quartile, Fraser Coast Regional Council: $285
Source: Hometrack 2014-2017, Automated Valuation System
Change in rental listings, 2014 to 2017
Change in rental listings, 2014 to 2017 Third Quartile, Queensland: $20 Median, Queensland: $10 First Quartile, Queensland: $5 Third Quartile, Queensland: $15 Median, Queensland: $5 First Quartile, Queensland: $-5 Third Quartile, Fraser Coast Regional Council: $20 Median, Fraser Coast Regional Council: $20 First Quartile, Fraser Coast Regional Council: $20 Third Quartile, Fraser Coast Regional Council: $20 Median, Fraser Coast Regional Council: $30 First Quartile, Fraser Coast Regional Council: $25
Source: Hometrack 2014-2017, Automated Valuation System

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