Suburb Profile

Suburb profile for,

Miami, QLD

Located in the dynamic state of QLD (postcode 4220), MIAMI is a vibrant real estate market. This suburb holds a median house price of $1,400,000 and has demonstrated an average buying growth of Down -0.7%. Last month, 46 houses were available, with 47 transactions completed in the past year. Properties spend around 59 days on the market, reflecting the area's demand with 2398 interested buyers. The average rental yield stands at 3.7%, with a weekly median rent of $700 per week and an average rent growth of Up 39.2%. Rental properties usually stay on the market for 17 days. The population in 2016 was 6817, which changed by +7.10% in the past five years. The median weekly household income is $1,397, reflecting an income change of +25.86% over the past five years. Residents have a median age of 37 years, and the suburb has an average annual growth for houses of +13.71%. To fully take advantage of MIAMI's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MIAMI, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Miami, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
QLD
Suburb
MIAMI
Postcode
4220
Median price for all dwellings
$1,400,000
Last 12 months growth return
Down -0.7%
Avg. dwellings for sale in the suburb every month
46
Avg. dwellings sold in the suburb in previous 12 months
47
Avg days on market for a dwelling listing to sell
59 days
Avg. number of people searching in this suburb every month
2398
Avg. rental yield per annum
3.70%
Weekly median rent for all dwellings
$700 per week
Median price for all houses
$1,400,000
Avg. rental yield growth in the previous 12 months
3.70%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
6817
Total suburb population change in 5 years up to 2016
7.10%
Avg. household income per week
$1,397
Median age of the population in the suburb
37
Historic avg annual growth return per annum in the suburb
13.71%

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