Suburb Profile Report for Westbrook QLD (4350)

Westbrook House: Median price $469,500, Annual capital growth 3.26%, Number of sales 70, Weekly median advertised rent $390

Westbrook Unit: Median price $335,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Westbrook, 4350 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 6.22%

When looking at the potential capital gains offered to property investors over the last 3 years, Westbrook comes in at number 528th in QLD.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Westbrook, 4350. Typically our figures indicate that -3.77% is being offered, which puts this QLD suburb at 3303th most discounted overall in Australia.

In the last year 70 properties changed hands in Westbrook, which puts it as the 347th most active market in QLD when comparing the number of sales per suburb.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.32%, without taking into account capital value appreciation, which has been averaging out at 3.26%.

Westbrook,4350 was ranked 803 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$469,500 $335,000
2.07% 0.75%
6.22% N/A
3.26% N/A
$390 $290
70 11
4.32% 4.50%
89.46 N/A

Source: CoreLogic

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