Suburb Profile Report for Wacol QLD (4076)

Wacol House: Median price $307,000, Annual capital growth 7.82%, Number of sales 16, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Wacol, 4076 have given investors a capital gain of 0.66%. This compares badly with the 2.51% for QLD as a whole.

Property investors looking for a bargain in Wacol should be aiming for at least -5.82% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Wacol have been waiting around 98.15 days to sell a property.

A $325 per week rent on the median house gives suburb investors a gross yield of circa 5.50%, without taking into account capital value appreciation, which has been averaging out at 7.82%.

Metrics i HOUSE UNIT
$307,000 N/A
N/A N/A
0.66% N/A
7.82% N/A
$325 N/A
16 N/A
5.50% N/A
98.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2957
Median household income ($/weekly) 1064
Median age of persons 35
Median housing loan repayment ($/monthly) 1603
Average household size 2.4
  • Census Count Percent(%)
    20-24 years 411 13.9
    25-34 years 799 27.0
    35-44 years 696 23.5
    45-54 years 402 13.6
    55-64 years 224 7.6
    Others 425 14.4
    Age Group
    Census Count Percent(%)
    Not Married 218 46.5
    Registered Married 192 40.9
    Defacto Relationship 59 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2263 77.8
    Iraq 88 3.0
    Papua New Guinea 157 5.4
    United Kingdom 89 3.1
    Other 127 4.4
    Others 183 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 4.8
    Christianity 475 71.0
    Hinduism 4 0.6
    Islam 6 0.9
    No Religion 149 22.3
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 28 13.2
    $800-$999 29 13.7
    $1,000-$1,249 32 15.1
    $1,250-$1,499 22 10.4
    $1,500-$1,999 31 14.6
    Others 70 33.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2497 89.3
    Employed, worked full-time 191 6.8
    Employed, worked part-time 66 2.4
    Unemployed, looking for work 26 0.9
    Employed, away from work 17 0.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 34 12.4
    Technicians & trades workers 43 15.6
    Clerical & administrative workers 37 13.5
    Machinery operators & drivers 38 13.8
    Labourers 54 19.6
    Others 69 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 9 6.7
    Infants/Primary 38 28.1
    Secondary 39 28.9
    Technical or Further Educational Institution 20 14.8
    University or other Tertiary Institutions 23 17.0
    Others 6 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 568 98.3
    House or flat attached to a shop, office 10 1.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 89 37.9
    Fully owned 80 34.0
    Being purchased 66 28.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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