Suburb Profile Report for Waterford West QLD (4133)

Waterford West House: Median price $358,750, Annual capital growth 2.29%, Number of sales 110, Weekly median advertised rent $370

Waterford West Unit: Median price $210,000, Annual capital growth 2.55%, Number of sales 43, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2657th in the list of Australian suburbs ordered by increase in median house value over the last year, Waterford West, 4133 is in the BOTTOM 40% with a property value increase of 2.50% recorded in median house prices.

Over the longer term, Waterford West has seen property prices show investors a 13.89% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Waterford West 4133 should be seeing an average reduction in asking price of around -5.03% . This means that Waterford West is holding prices well when compared to other suburbs in QLD.

At number 1395 in a list of fastest selling suburbs, Waterford West is in the TOP 40% of suburbs in Australia with an average of days on market 65.22 for properties listed there.

The QLD suburb of Waterford West, 4133 is in the Logan local government area.

With a capital gain of -0.94% for the last 12 months, Waterford West, 4133 has performed for property investments than its average annual 2.55% property growth over the last 5 years.

Over the longer term, Waterford West has seen property prices show investors a 10.53% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Waterford West should be aiming for at least -5.27% off the asking price, which is the average vendor discount being achieved at the moment.

Waterford West is 29th on a list of best yielding suburbs for rents in QLD with a 6.93% return

Metrics i HOUSE UNIT
$358,750 $210,000
1.06% -1.18%
2.50% -0.94%
2.29% 2.55%
$370 $280
110 43
5.36% 6.93%
65.22 118.22

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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