Suburb Profile Report for Wilston QLD (4051)

Wilston House: Median price $1,237,750, Annual capital growth 6.29%, Number of sales 53, Weekly median advertised rent $550

Wilston Unit: Median price $420,800, Annual capital growth 4.12%, Number of sales 18, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Wilston, 4051 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.55%

A 65.03% growth in median value for property investors in Wilston,4051 puts this suburb at number 154th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Wilston are currently offering property investors an average price cut of -7.87% below the asking price at the moment.

Using the current median advertised rental of $550 and the average annual increase in value of a median property of 6.29%, investors should hope to achieve an overall return of 2.31%

Wilston has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.49% to date .

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

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Wilston itself are offering an average vendor discount of -8.40% to real estate investors.

Often selling an investment property can take time, and in Wilston the average time real estate has been on the market is 83.83 days.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.94%, without taking into account capital value appreciation, which has been averaging out at 4.12%.

Metrics i HOUSE UNIT
$1,237,750 $420,800
3.15% -9.51%
22.55% -6.49%
6.29% 4.12%
$550 $400
53 18
2.31% 4.94%
87.21 83.83

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3871
Median household income ($/weekly) 2049
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 584 15.1
    25-34 years 527 13.6
    35-44 years 754 19.5
    45-54 years 569 14.7
    55-64 years 341 8.8
    Others 1097 28.3
    Age Group
    Census Count Percent(%)
    Registered Married 1309 47.9
    Not Married 1152 42.1
    Defacto Relationship 274 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2943 78.9
    Japan 47 1.3
    Papua New Guinea 121 3.2
    United Kingdom 202 5.4
    Other 113 3.0
    Others 303 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.1
    Christianity 2520 69.9
    Hinduism 28 0.8
    Islam 24 0.7
    No Religion 966 26.8
    Others 27 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 152 12.4
    $2,000-$2,499 98 8.0
    $2,500-$2,999 194 15.8
    $3,000-$3,499 116 9.5
    $4,000 or more 138 11.3
    Others 526 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1379 47.6
    Not in the labour force 680 23.4
    Employed, worked part-time 659 22.7
    Employed, away from work 109 3.8
    Unemployed, looking for work 73 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 320 14.9
    Professionals 874 40.7
    Technicians & trades workers 176 8.2
    Community & personal service workers 161 7.5
    Clerical & administrative workers 288 13.4
    Others 326 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 67 5.9
    Infants/Primary 413 36.6
    Secondary 237 21.0
    Technical or Further Educational Institution 69 6.1
    University or other Tertiary Institutions 325 28.8
    Others 18 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2931 80.6
    Flat, unit or apartment 426 11.7
    Semi-detached, row or terrace house, townhouse 277 7.6
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 489 36.1
    Being purchased 466 34.4
    Fully owned 395 29.1
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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