Maranoa Regional CouncilEconomic profile
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Maranoa Regional Council

Rental listings

At June 2017, the Maranoa Regional Council had a median house rental of $270, $115 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
Maranoa Regional Council20172013Change
Housing value (at June)Maranoa Regional CouncilQueenslandMaranoa Regional Council relative to QueenslandMaranoa Regional CouncilQueenslandMaranoa Regional Council relative to Queensland2013 to 2017
House--------------
First Quartile$220$310-29.0%$408$330+23.6%-$188
Median$270$385-29.9%$468$390+20.0%-$198
Third Quartile$320$470-31.9%$600$470+27.7%-$280
Median Rental Yield5.2%4.9%--7.0%5.5%----
Unit--------------
First Quartile$161$275-41.5%$255$280-8.9%-$94
Median$188$345-45.5%$340$335+1.5%-$152
Third Quartile$270$420-35.7%$350$400-12.5%-$80
Median Rental Yield4.0%5.5%--8.5%5.8%----

Source: Hometrack 2011-2016, Automated Valuation System.

Rental listings, 2017
Rental listings, 2017 Third Quartile, Queensland: $420 Median, Queensland: $345 First Quartile, Queensland: $275 Third Quartile, Queensland: $470 Median, Queensland: $385 First Quartile, Queensland: $310 Third Quartile, Maranoa Regional Council: $270 Median, Maranoa Regional Council: $188 First Quartile, Maranoa Regional Council: $161 Third Quartile, Maranoa Regional Council: $320 Median, Maranoa Regional Council: $270 First Quartile, Maranoa Regional Council: $220
Source: Hometrack 2011-2016, Automated Valuation System
Change in rental listings, 2013 to 2017
Change in rental listings, 2013 to 2017 Third Quartile, Queensland: $20 Median, Queensland: $10 First Quartile, Queensland: $-5 Third Quartile, Queensland: $0 Median, Queensland: $-5 First Quartile, Queensland: $-20 Third Quartile, Maranoa Regional Council: $-80 Median, Maranoa Regional Council: $-152 First Quartile, Maranoa Regional Council: $-94 Third Quartile, Maranoa Regional Council: $-280 Median, Maranoa Regional Council: $-198 First Quartile, Maranoa Regional Council: $-188
Source: Hometrack 2011-2016, Automated Valuation System

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