Suburb Profile Report for Westbrook QLD (4350)

Westbrook House: Median price $460,000, Annual capital growth 3.02%, Number of sales 72, Weekly median advertised rent $390

Westbrook Unit: Median price $332,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

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  • Unit Report

Westbrook has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.14% to date .

The five-year average increase in median property values for Westbrook,4350 has given property investors a potential capital gain of 16.60% across each of those five years.

Vendor discounting in Westbrook is giving property investors an average Vendor Discount of around -4.21%. This puts suburb at number 764th in QLD when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

Advertised rents are around the $300 mark per week – giving a return of 4.69% based on the median price in Suburb

HOUSE UNIT
$460,000 $332,500
0.00% N/A
3.14% N/A
3.02% N/A
$390 $300
72 10
4.41% 4.69%
97.54 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3286
Median household income ($/weekly) 1609
Median age of persons 32
Median housing loan repayment ($/monthly) 1846
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 321 9.8
    5-14 years 601 18.3
    25-34 years 471 14.3
    35-44 years 556 16.9
    45-54 years 446 13.6
    Others 892 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 1389 66.1
    Not Married 541 25.8
    Defacto Relationship 170 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2960 92.9
    Malta 14 0.4
    Papua New Guinea 45 1.4
    United Kingdom 50 1.6
    Other 51 1.6
    Others 67 2.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.3
    Christianity 2622 87.1
    Islam 11 0.4
    Other Religious Groups 4 0.1
    No Religion 360 12.0
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 70 8.1
    $1,250-$1,499 100 11.6
    $1,500-$1,999 185 21.5
    $2,000-$2,499 137 15.9
    $2,500-$2,999 75 8.7
    Others 294 34.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1094 47.7
    Not in the labour force 564 24.6
    Employed, worked part-time 484 21.1
    Employed, away from work 102 4.4
    Unemployed, looking for work 51 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 203 12.1
    Professionals 235 14.0
    Technicians & trades workers 319 19.0
    Clerical & administrative workers 270 16.1
    Sales 186 11.1
    Others 468 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 52 5.9
    Infants/Primary 429 48.9
    Secondary 236 26.9
    Technical or Further Educational Institution 53 6.0
    University or other Tertiary Institutions 92 10.5
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3043 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 587 60.9
    Fully owned 213 22.1
    Rented 160 16.6
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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