RDA Darling Downs and South West RegionEconomic profile
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RDA Darling Downs and South West Region

Rental listings

At June 2018, the RDA Darling Downs and South West Region had a median house rental of $300, $95 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 2014-2018, Automated Valuation System

Rental listings
RDA Darling Downs and South West Region20182014Change
Housing value (at June)RDA Darling Downs and South West RegionQueenslandRDA Darling Downs and South West Region relative to QueenslandRDA Darling Downs and South West RegionQueenslandRDA Darling Downs and South West Region relative to Queensland2014 to 2018
House--------------
First Quartile$260$320-18.8%$270$315-14.3%-$10
Median$300$395-24.1%$320$380-15.8%-$20
Third Quartile$350$480-27.1%$390$450-13.3%-$40
Median Rental Yield5.3%4.9%--5.4%5.1%----
Unit--------------
First Quartile$205$290-29.3%$215$275-21.8%-$10
Median$250$360-30.6%$256$340-24.7%-$6
Third Quartile$295$430-31.4%$310$400-22.5%-$15
Median Rental Yield5.6%5.6%--5.6%5.6%----

Source: Hometrack 2014-2018, Automated Valuation System.

Rental listings, 2018
Rental listings, 2018 Third Quartile, Queensland: $430 Median, Queensland: $360 First Quartile, Queensland: $290 Third Quartile, Queensland: $480 Median, Queensland: $395 First Quartile, Queensland: $320 Third Quartile, RDA Darling Downs and South West Region: $295 Median, RDA Darling Downs and South West Region: $250 First Quartile, RDA Darling Downs and South West Region: $205 Third Quartile, RDA Darling Downs and South West Region: $350 Median, RDA Darling Downs and South West Region: $300 First Quartile, RDA Darling Downs and South West Region: $260
Source: Hometrack 2014-2018, Automated Valuation System
Change in rental listings, 2014 to 2018
Change in rental listings, 2014 to 2018 Third Quartile, Queensland: $30 Median, Queensland: $20 First Quartile, Queensland: $15 Third Quartile, Queensland: $30 Median, Queensland: $15 First Quartile, Queensland: $5 Third Quartile, RDA Darling Downs and South West Region: $-15 Median, RDA Darling Downs and South West Region: $-6 First Quartile, RDA Darling Downs and South West Region: $-10 Third Quartile, RDA Darling Downs and South West Region: $-40 Median, RDA Darling Downs and South West Region: $-20 First Quartile, RDA Darling Downs and South West Region: $-10
Source: Hometrack 2014-2018, Automated Valuation System

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