Livingstone ShireEconomic profile
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Livingstone Shire Council area

Housing valuation

At June 2018, Livingstone Shire Council area had a median house valuation of $389,142, $69,218 lower than the median house valuation for Queensland.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High housing prices usually indicate access to high-paid jobs and a very desirable area. However they can present issues in attracting and retaining key lower skilled workers. Lower housing prices indicate less demand and may be an asset for attracting people to live in the area. However they can also indicate lower paid and lower skilled jobs or a declining economy.

Housing prices often factor in a home ownership premium due to expected capital growth and the ability to customise the property, but rental costs are a more direct measure of the immediate economic value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2014-2018, Housing Valuation System

Housing values
Livingstone Shire Council area20182014Change
Housing value (at June)Livingstone Shire Council areaQueenslandLivingstone Shire Council area relative to QueenslandLivingstone Shire Council areaQueenslandLivingstone Shire Council area relative to Queensland2014 to 2018
House--------------
First Quartile$314,501$316,285-0.6%$346,877$316,236+9.7%-$32,376
Median$389,142$458,360-15.1%$420,920$418,290+0.6%-$31,778
Third Quartile$475,085$639,156-25.7%$509,140$543,256-6.3%-$34,055
Unit--------------
First Quartile$214,268$273,559-21.7%$241,910$262,692-7.9%-$27,642
Median$246,218$356,880-31.0%$293,323$328,583-10.7%-$47,105
Third Quartile$354,834$444,896-20.2%$367,548$408,410-10.0%-$12,714

Source: Hometrack 2014-2018, Housing Valuation System.

Housing values, 2018
Housing values, 2018 Third Quartile, Queensland: $444,896 Median, Queensland: $356,880 First Quartile, Queensland: $273,559 Third Quartile, Queensland: $639,156 Median, Queensland: $458,360 First Quartile, Queensland: $316,285 Third Quartile, Livingstone Shire Council area: $354,834 Median, Livingstone Shire Council area: $246,218 First Quartile, Livingstone Shire Council area: $214,268 Third Quartile, Livingstone Shire Council area: $475,085 Median, Livingstone Shire Council area: $389,142 First Quartile, Livingstone Shire Council area: $314,501
Source: Hometrack 2014-2018, Housing Valuation System
Change in housing values, 2014 to 2018
Change in housing values, 2014 to 2018 Third Quartile, Queensland: $36,486 Median, Queensland: $28,297 First Quartile, Queensland: $10,867 Third Quartile, Queensland: $95,900 Median, Queensland: $40,070 First Quartile, Queensland: $49 Third Quartile, Livingstone Shire Council area: $-12,714 Median, Livingstone Shire Council area: $-47,105 First Quartile, Livingstone Shire Council area: $-27,642 Third Quartile, Livingstone Shire Council area: $-34,055 Median, Livingstone Shire Council area: $-31,778 First Quartile, Livingstone Shire Council area: $-32,376
Source: Hometrack 2014-2018, Housing Valuation System

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