Suburb Profile Report for Wacol QLD (4076)

Wacol House: Median price $308,000, Annual capital growth 2.28%, Number of sales 15, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report

Property value increases in Wacol have tracked close to the QLD average of 2.46% over the last 12 months.

Across a shorter period, Wacol, 4076 has seen a median price increase of 0.65% over the last quarter.

Property investors looking for a bargain in Wacol should be aiming for at least -6.46% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 15 properties changed hands in Wacol, which puts it as the 797th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Wacol being $308000 and the advertised rent reaching $322.5 the gross rental yield for property investors calculates out to be 5.44%

Metrics i HOUSE UNIT
$308,000 N/A
0.65% N/A
2.24% N/A
2.28% N/A
$323 N/A
15 N/A
5.44% N/A
82.6 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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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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Recent sales & rentals