Suburb Profile Report for Lutwyche QLD (4030)

Lutwyche House: Median price $770,000, Annual capital growth 4.87%, Number of sales 35, Weekly median advertised rent $480

Lutwyche Unit: Median price $471,250, Annual capital growth 5.74%, Number of sales 164, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Lutwyche, 4030 have given investors a capital gain of 7.17%. This compares favourably with the 2.45% for QLD as a whole.

A 24.19% growth in median value for property investors in Lutwyche,4030 puts this suburb at number 230th in terms of best performing suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lutwyche, 4030. Typically our figures indicate that -4.84% is being offered, which puts this QLD suburb at 2322th most discounted overall in Australia.

At number 1370 in a list of fastest selling suburbs, Lutwyche is in the TOP 40% of suburbs in Australia with an average of days on market 63.62 for properties listed there.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 4.87%, investors should hope to achieve an overall return of 3.24%

Investment property in Lutwyche has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.84%

Comparing Lutwyche,4030 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Lutwyche is giving property investors an average Vendor Discount of around -6.53%. This puts suburb at number 93th in QLD when ranking the most discounted suburbs.

YIP MAG Information supplied by:

February 2016


Lutwyche has experienced renewal and dramatic change in recent years, with the construction of new main roads and a major busway providing convenient access to nearby Brisbane CityFull summary Lutwyche has experienced renewal and dramatic change in recent years, with the construction of new main roads and a major busway providing convenient access to nearby Brisbane City.

Along with transport infrastructure, Lutwyche is also experiencing a boom in new housing developments due to recent rezoning.

“We were rezoned to high density and mixed use,” says Ray O’Brien, principal of LJ Hooker Lutwyche,” which means that instead of having a two- or three-storey limit on heights, in some areas it can go up to 12 storeys.”

While the transport construction was disruptive to locals for several years, O’Brien says there’s an upside.

“There are large parcels of land where shopping infrastructure will be replaced in a modern way. Because of the mixed-use zoning, you’re allowed to have shops and restaurants as well as apartments above it.”

With a median house price of $858,000 and strong capital growth over the past 12 months, the market is recovering confidently from the recent upheavals.

The introduction of contemporary shopping facilities and a modern facade will further bolster Lutwyche’s popularity as a lifestyle suburb near the city.

“The continual revamping of Lutwyche now includes the removal of older-style homes in rezoned areas, because it’s walking distance to the new infrastructure,” says O’Brien.

“The trend here is regrowth.”Close
Metrics i HOUSE UNIT
$770,000 $471,250
1.85% -0.79%
7.17% -2.84%
4.87% 5.74%
$480 $390
35 164
3.24% 4.30%
63.62 139.36

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Lutwyche QLD
Total population 2801
Median household income ($/weekly) 1359
Median age of persons 33
Median housing loan repayment ($/monthly) 2100
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 302 10.8
    25-34 years 731 26.1
    35-44 years 466 16.6
    45-54 years 348 12.4
    55-64 years 237 8.5
    Others 717 25.6
    Age Group
    Census Count Percent(%)
    Not Married 1198 55.0
    Registered Married 664 30.5
    Defacto Relationship 318 14.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1789 69.2
    Indonesia 93 3.6
    Papua New Guinea 118 4.6
    United Kingdom 105 4.1
    Other 163 6.3
    Others 319 12.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 56 2.2
    Christianity 1524 61.0
    Hinduism 72 2.9
    Islam 57 2.3
    No Religion 768 30.8
    Others 20 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 94 8.4
    $1,000-$1,249 98 8.7
    $1,500-$1,999 169 15.0
    $2,000-$2,499 101 9.0
    $2,500-$2,999 107 9.5
    Others 554 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1124 49.9
    Not in the labour force 541 24.0
    Employed, worked part-time 423 18.8
    Unemployed, looking for work 83 3.7
    Employed, away from work 80 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 166 10.2
    Professionals 537 33.1
    Technicians & trades workers 155 9.6
    Clerical & administrative workers 255 15.7
    Sales 155 9.6
    Others 355 21.9
    Census Count Percent(%)
    Pre-school 23 4.2
    Infants/Primary 122 22.2
    Secondary 89 16.2
    Technical or Further Educational Institution 63 11.5
    University or other Tertiary Institutions 231 42.1
    Others 21 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1141 44.5
    Flat, unit or apartment 884 34.5
    Semi-detached, row or terrace house, townhouse 537 20.9
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 731 60.0
    Being purchased 283 23.2
    Fully owned 205 16.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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