Suburb Profile Report for Wooloowin QLD (4030)

Wooloowin House: Median price $770,000, Annual capital growth 4.62%, Number of sales 53, Weekly median advertised rent $460

Wooloowin Unit: Median price $383,000, Annual capital growth 3.39%, Number of sales 39, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -2.53% for the last 12 months, Wooloowin, 4030 has performed for property investments than its average annual 4.62% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wooloowin has increased when compared to the 5 year average annual rate.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Wooloowin itself are offering an average vendor discount of -7.39% to real estate investors.

In the last year 53 properties changed hands in Wooloowin, which puts it as the 431th most active market in QLD when comparing the number of sales per suburb.

If you compare the increase in value of investment property in Wooloowin, 4030 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -18.94%.

When looking at the potential capital gains offered to property investors over the last 3 years, Wooloowin comes in at number 293th in QLD.

Property buyers and investors in Wooloowin 4030 should be seeing an average reduction in asking price of around -5.54% . This means that Wooloowin is holding prices well when compared to other suburbs in QLD.

Wooloowin, 4030’s gross rental yield is 4.55%

Metrics i HOUSE UNIT
$770,000 $383,000
4.62% -8.81%
-2.53% -18.94%
4.62% 3.39%
$460 $335
53 39
3.11% 4.55%
54.45 72.92

Source: CoreLogic

DSR Score for property investment : Balanced (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
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Recent sales & rentals