Suburb Profile Report for Waterford West QLD (4133)

Waterford West House: Median price $350,000, Annual capital growth 2.24%, Number of sales 113, Weekly median advertised rent $370

Waterford West Unit: Median price $212,000, Annual capital growth 3.16%, Number of sales 48, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Waterford West, 4133 have given investors a capital gain of 0.00%. This compares badly with the 2.41% for QLD as a whole.

Waterford West,4133 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.

At number 624th of QLD’s most discounted properties, Waterford West is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 2.24%, investors should hope to achieve an overall return of 5.50%

Waterford West has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.70% to date .

Taking the average capital gain, or increase in median house value, Waterford West,4133 has racked up an average of -0.70% over the period. This ranks it number 925th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Waterford West is $212000, with sellers offering an average of -5.33% off the asking price.

In the last year 48 properties changed hands in Waterford West, which puts it as the 179th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Waterford West being $212000 and the advertised rent reaching $282.5 the gross rental yield for property investors calculates out to be 6.93%

Metrics i HOUSE UNIT
$350,000 $212,000
-1.41% -1.40%
0.00% -0.70%
2.24% 3.16%
$370 $283
113 48
5.50% 6.93%
70.91 114.73

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 6159
Median household income ($/weekly) 969
Median age of persons 33
Median housing loan repayment ($/monthly) 1580
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 851 13.8
    25-34 years 845 13.7
    35-44 years 787 12.8
    45-54 years 719 11.7
    55-64 years 659 10.7
    Others 2298 37.3
    Age Group
    Census Count Percent(%)
    Not Married 2090 47.3
    Registered Married 1821 41.2
    Defacto Relationship 512 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4114 71.0
    Papua New Guinea 538 9.3
    Philippines 56 1.0
    United Kingdom 357 6.2
    Other 342 5.9
    Others 391 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 132 2.4
    Christianity 3752 67.9
    Islam 94 1.7
    Other Religious Groups 50 0.9
    No Religion 1468 26.6
    Others 26 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 278 14.3
    $600-$799 249 12.8
    $800-$999 194 10.0
    $1,000-$1,249 224 11.5
    $1,500-$1,999 233 12.0
    Others 762 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1724 38.4
    Employed, worked full-time 1619 36.0
    Employed, worked part-time 715 15.9
    Unemployed, looking for work 272 6.1
    Employed, away from work 163 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 407 16.3
    Clerical & administrative workers 400 16.0
    Sales 263 10.5
    Machinery operators & drivers 342 13.7
    Labourers 401 16.1
    Others 685 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 78 6.1
    Infants/Primary 517 40.5
    Secondary 410 32.1
    Technical or Further Educational Institution 115 9.0
    University or other Tertiary Institutions 117 9.2
    Others 40 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4860 83.6
    Semi-detached, row or terrace house, townhouse 922 15.9
    Flat, unit or apartment 32 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 793 37.5
    Being purchased 751 35.5
    Fully owned 559 26.4
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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