Suburb Profile Report for Wooloowin QLD (4030)

Wooloowin House: Median price $770,000, Annual capital growth 5.44%, Number of sales 63, Weekly median advertised rent $500

Wooloowin Unit: Median price $472,500, Annual capital growth 6.61%, Number of sales 64, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wooloowin, 4030 have given investors a capital gain of 3.36%. This compares averagely with the 2.22% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Wooloowin comes in at number 257th 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 Wooloowin, 4030. Typically our figures indicate that -5.04% is being offered, which puts this QLD suburb at 2518th most discounted overall in Australia.

Renters in Suburb are facing rents around $6000 per annum or $500 every week.

QLD has seen average median house prices change by 1.23% which means that Wooloowin, 4030 has done well for property investors by showing a capital gain of 1.61% over the last year

Taking the average capital gain, or increase in median house value, Wooloowin,4030 has racked up an average of 1.61% over the period. This ranks it number 529th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Wooloowin should be aiming for at least -5.77% off the asking price, which is the average vendor discount being achieved at the moment.

At number 429 in a list of fastest selling suburbs, Wooloowin is in the TOP 30% of suburbs in Australia with an average of days on market 59.5 for properties listed there.

Advertised rents are around the $350 mark per week – giving a return of 3.85% based on the median price in Suburb

HOUSE UNIT
$770,000 $472,500
-2.53% 0.00%
3.36% 1.61%
5.44% 6.61%
$500 $350
63 64
3.38% 3.85%
71.59 59.5

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 5941
Median household income ($/weekly) 1757
Median age of persons 35
Median housing loan repayment ($/monthly) 2300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 751 12.6
    25-34 years 988 16.6
    35-44 years 1000 16.8
    45-54 years 892 15.0
    55-64 years 582 9.8
    Others 1729 29.1
    Age Group
    Census Count Percent(%)
    Not Married 1990 46.0
    Registered Married 1874 43.3
    Defacto Relationship 461 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4453 78.5
    Indonesia 142 2.5
    Papua New Guinea 172 3.0
    United Kingdom 272 4.8
    Other 207 3.6
    Others 430 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.6
    Christianity 3779 69.5
    Hinduism 76 1.4
    Other Religious Groups 75 1.4
    No Religion 1373 25.2
    Others 49 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 260 12.8
    $2,000-$2,499 165 8.1
    $2,500-$2,999 268 13.2
    $3,000-$3,499 197 9.7
    $4,000 or more 166 8.2
    Others 978 48.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2197 47.8
    Not in the labour force 1119 24.4
    Employed, worked part-time 927 20.2
    Employed, away from work 183 4.0
    Unemployed, looking for work 166 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 475 14.3
    Professionals 1122 33.9
    Technicians & trades workers 299 9.0
    Community & personal service workers 251 7.6
    Clerical & administrative workers 559 16.9
    Others 605 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 71 4.8
    Infants/Primary 525 35.8
    Secondary 290 19.8
    Technical or Further Educational Institution 102 7.0
    University or other Tertiary Institutions 423 28.9
    Others 55 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4198 75.9
    Flat, unit or apartment 1151 20.8
    Semi-detached, row or terrace house, townhouse 175 3.2
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 929 42.0
    Being purchased 755 34.1
    Fully owned 507 22.9
    Other tenure type 21 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals