Suburb Profile Report for Waterford West QLD (4133)

Waterford West House: Median price $350,000, Annual capital growth 4.44%, Number of sales 92, Weekly median advertised rent $360

Waterford West Unit: Median price $212,000, Annual capital growth 4.16%, Number of sales 48, Weekly median advertised rent $280

  • 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 Waterford West, 4133 should be relatively 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 7.69%

When looking at the potential capital gains offered to property investors over the last 3 years, Waterford West comes in at number 173th in QLD.

LACK OF BUYER INTEREST may well be the reason that Waterford West is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 516th in terms of most discounted suburbs in QLD

Property investors who have had real estate in Waterford West, 4133 should be ok 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 3.92%

Across a shorter period, Waterford West, 4133 has seen a median price increase of -0.93% over the last quarter.

Vendor discounting in Waterford West is giving property investors an average Vendor Discount of around -4.77%. This puts suburb at number 212th in QLD when ranking the most discounted suburbs.

Property investors should expect to get $280 weekly from the median priced house in this suburb.

HOUSE UNIT
$350,000 $212,000
0.00% -0.93%
7.69% 3.92%
4.44% 4.16%
$360 $280
92 48
5.35% 6.87%
83 93.36

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Waterford West QLD
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
Chart Table
Recent sales & rentals