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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
There were 2 house sales in the past 12 months.
The size of Rapid Bay is approximately 15.6 square kilometres. The population of Rapid Bay in 2011 was 496 people. By 2016 the population was 3 showing a population decline of 99.4% in the area during that time. The predominant age group in Rapid Bay is 50-59 years.
Households in Rapid Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rapid Bay work in a trades occupation. In 2006, 36.8% of the homes in Rapid Bay were owner-occupied compared with 68.7% in 2011.
There were 1 unit sales in the past 12 months.
The size of Rapid Bay is approximately 15.6 square kilometres. The population of Rapid Bay in 2011 was 496 people. By 2016 the population was 3 showing a population decline of 99.4% in the area during that time. The predominant age group in Rapid Bay is 50-59 years.
Households in Rapid Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rapid Bay work in a trades occupation. In 2006, 36.8% of the homes in Rapid Bay were owner-occupied compared with 68.7% in 2011.
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| Key Market Data | House | Unit |
| Median price | – | – |
| Quarterly growth | – | – |
| 12-month growth | – | – |
| Average annual growth | – | – |
| Weekly median rent | – | – |
| Gross rental yield | 4.55 | – |
| Number of Sales (12m) | 2 | 1 |
| Avg. Days on Market (12m) | – | – |
| Key Demographics | 2011 | 2016 |
| Total population | 496 | 3 |
| Population change (5y) | +190.06 | -99.40 |
| Median household income (p/w) | 727 | -$50 |
| Household income change (5y) | +53.38 | -106.88 |
| Median age of persons | 48 | 54 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Rapid Bay was 3 in 2016, a -99.40 change compared to 2011.
The predominant age group in Rapid Bay is 50-59 years.
The population of Rapid Bay was 3 in 2016, a -99.40 change compared to 2011.
The predominant age group in Rapid Bay is 50-59 years.
Most of the population in Rapid Bay were born in Australia.
Most of the population in Rapid Bay were born in Australia.
Most of the population in Rapid Bay report their religion as Not Stated.
Most of the population in Rapid Bay report their religion as No Religion.
Most of the population in Rapid Bay report their income range as between 15,000 and 33,000 .
The median household income in Rapid Bay was -$50 in 2016, a -106.88 change compared to 2011.
Most of the population in Rapid Bay report their income range as between 15,000 and 31,000 .
The median household income in Rapid Bay was 727 in 2011, a +53.38 change compared to 2006.
Most of the population in Rapid Bay work as Trades.
Most of the population in Rapid Bay work as Managers.
The chart below demonstrates the various levels of education in Rapid Bay.
The chart below demonstrates the various levels of education in Rapid Bay.
Most of the population in Rapid Bay reached a qualification level of Certificate.
Most of the population in Rapid Bay reached a qualification level of Certificate.
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