Suburb Profile Report for Wooloowin QLD (4030)

Wooloowin House: Median price $770,000, Annual capital growth 4.81%, Number of sales 60, Weekly median advertised rent $480

Wooloowin Unit: Median price $450,000, Annual capital growth 6.06%, Number of sales 59, Weekly median advertised rent $348

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -1.91% for the last year, Wooloowin, 4030 is the 3104th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Wooloowin,4030 has racked up an average of -1.91% over the period. This ranks it number 2472th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Wooloowin 4030 should be seeing an average reduction in asking price of around -6.51% . This means that Wooloowin is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Wooloowin being $770000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.24%

QLD has seen average median house prices change by 1.12% which means that Wooloowin, 4030 has done well for property investors by showing a capital gain of -3.64% over the last year

While Wooloowin,4030 ranked number 302th in QLD for increase in median house value (annualised) increase, it is ranked 18th over the last 5 years.

Property investors looking for a bargain in Wooloowin should be aiming for at least -6.08% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $347.5 weekly from the median priced house in this suburb.

HOUSE UNIT
$770,000 $450,000
2.67% -4.26%
-1.91% -3.64%
4.81% 6.06%
$480 $348
60 59
3.24% 4.02%
57.02 72.18

Source: CoreLogic

DSR Score for property investment : Above average (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