2. QLD
  3. Longreach

Longreach QLD 4730

Houses Units

Here you can find what you need to know about Longreach, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$220K Median Sale Price (National Average $485k) 991st In QLD
-4.35% Median Sale Price Change (1yr) (National Average 4.30%) 2634th In QLD
$345pw Median Rent (National Average $395) 745th In QLD
8.2% Median Gross Yield (National Average 4.24%) 20th In QLD
Properties sold 74
Average discounting -9.58%
Average Days on Market 98
Stock on Market 17 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Longreach, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Longreach, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Longreach, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Longreach


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Longreach, QLD 4730

Part of: Longreach Council No data available

The size of Longreach is approximately 23,494.5 square kilometres. It has 18 parks covering nearly 1.1% of total area. The population of Longreach in 2011 was 3,355 people. By 2016 the population was 2,966 showing a population decline of 11.6% in the area during that time. The predominant age group in Longreach is 50-59 years. Households in Longreach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Longreach work in a professional occupation. In 2011, 53.5% of the homes in Longreach were owner-occupied compared with 52.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Longreach

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Longreach   for Houses in last 12 months


There have been 74 Houses sold in Longreach in the past 12 months with a median sale price of $220K, down 4.3% annually. It takes on average 68 days to sell with vendor discounting of -9.6%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Longueville NSW, 2066 -3.75% $5,775,000 $1,650pw 1.5% View Suburb Profile
Longreach NSW, 2540 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Merrijig VIC, 3723 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Junction Hill NSW, 2460 9.90% $577,000 $495pw 4.5% View Suburb Profile
Paget QLD, 4740 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Ayr QLD, 4807 3.12% $247,500 $330pw 6.9% View Suburb Profile

Currency

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