Thinking about buying in Durack? Now could not be a better time, with a whopping 4403 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $422,000 with prices in this suburb ranging from $92,000 to $1,756,000.Distance to the coast is 23 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Durack is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Durack changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Durack necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$324.47|
|Median Monthly Mortgage||$1425.60|
|Median Persons Per Bedroom||0.86|
|Average Household Size||2.87|
|Average Cars Per Dwelling||2.40|
|Average Properties Within 50M||49.00|
|1 SOLFERINO ST, DURACK, QLD, 4077||3||1||1||For Sale|
|UNIT 5, 558 BLUNDER RD, DURACK, QLD, 4077||3||2||2||FOR SALE|
|DURACK GARDENS RELOCATABLE HOME PARK, 253 ALEXANDRA AV, DURACK, QLD, 4077||3||1||1||Offers Over $299,000|
Durack State School
Glenala State High School
Australian International Islamic College
Durack Primary School(While the above schools are located with the suburb of Durack there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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