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Median values are calculated based on data over a 12 month period.

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Market Report

Cardwell has 92 houses available for sale. The median property price for a house is currently 375,000 with annual capital growth of 2.74 . There were 46 house sales in the past 12 months. On average, houses spend 70 days on market.

If you're thinking about buying an investment property in Cardwell, consider that rental yields for houses are currently 6.06 with an average median rent of 530 weekly. Houses have seen -2.85 growth in the past quarter, and 2.74 growth in the past 12 months.

The size of Cardwell is approximately 32.9 square kilometres. It has 3 parks covering nearly 81.9% of total area. The population of Cardwell in 2011 was 1,176 people. By 2016 the population was 1,315 showing a population growth of 11.8% in the area during that time. The predominant age group in Cardwell is 60-69 years.

Households in Cardwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cardwell work in a labourer occupation. In 2011, 52.8% of the homes in Cardwell were owner-occupied compared with 56.6% in 2016.

Cardwell has 37 units available for sale. The median property price for a unit is currently 212,500 with annual capital growth of 20.00 . There were 20 unit sales in the past 12 months. On average, units spend 42 days on market.

If you're thinking about buying an investment property in Cardwell, consider that rental yields for units are currently 7.51 with an average median rent of 375 weekly. Units have seen -2.30 growth in the past quarter, and 20.00 growth in the past 12 months.

The size of Cardwell is approximately 32.9 square kilometres. It has 3 parks covering nearly 81.9% of total area. The population of Cardwell in 2011 was 1,176 people. By 2016 the population was 1,315 showing a population growth of 11.8% in the area during that time. The predominant age group in Cardwell is 60-69 years.

Households in Cardwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cardwell work in a labourer occupation. In 2011, 52.8% of the homes in Cardwell were owner-occupied compared with 56.6% in 2016.

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Key Market Data House Unit
Median price 375,000 212,500
Quarterly growth -2.85 -2.30
12-month growth +2.74 +20.00
Average annual growth +11.26
Weekly median rent 530 375
Gross rental yield 6.06 7.51
Number of Sales (12m) 46 20
Avg. Days on Market (12m) 70 42
Jump to Market Trends
Key Demographics 2011 2016
Total population 1,176 1,315
Population change (5y) -6.07 +11.80
Median household income (p/w) 793 878
Household income change (5y) +27.08 +10.72
Median age of persons 52 56
Jump to Demographics Trends
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