Suburb Profile Report for Twin Waters QLD (4564)

Twin Waters House: Median price $737,500, Annual capital growth 2.53%, Number of sales 72, Weekly median advertised rent $618

Twin Waters Unit: Median price $576,500, Annual capital growth 0.69%, Number of sales 40, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 2.08% for the last year, Twin Waters, 4564 is the 2557th highest performer in Australia in this respect.

Twin Waters,4564 has offered an average of 2.08% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Twin Waters is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 829th in terms of most discounted suburbs in QLD

In the last year 72 properties changed hands in Twin Waters, which puts it as the 336th most active market in QLD when comparing the number of sales per suburb.

A $617.5 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 2.53%.

Twin Waters, 4564 ranked 46th in QLD when comparing growth in median property values or capital gain over the last 12 months. Twin Waters is one of 2415 in our list for QLD

While Twin Waters,4564 ranked number 76th in QLD for increase in median house value (annualised) increase, it is ranked 38th over the last 5 years.

Property investors looking for a bargain in Twin Waters should be aiming for at least -2.67% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Twin Waters have been waiting around 99.91 days to sell a property.

A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 0.69%.

Metrics i HOUSE UNIT
$737,500 $576,500
-0.67% 2.04%
2.08% 11.94%
2.53% 0.69%
$618 $520
72 40
4.35% 4.69%
82.41 99.91

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2549
Median household income ($/weekly) 1278
Median age of persons 51
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 304 11.9
    35-44 years 329 12.9
    45-54 years 352 13.8
    55-64 years 469 18.4
    65-74 years 452 17.7
    Others 643 25.2
    Age Group
    Census Count Percent(%)
    Registered Married 1377 69.9
    Not Married 436 22.1
    Defacto Relationship 156 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1708 69.1
    Papua New Guinea 177 7.2
    South Africa 55 2.2
    United Kingdom 326 13.2
    Other 66 2.7
    Others 141 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.4
    Christianity 1786 75.5
    Islam 4 0.2
    Other Religious Groups 6 0.3
    No Religion 530 22.4
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 80 8.9
    $600-$799 83 9.3
    $800-$999 108 12.1
    $1,250-$1,499 100 11.2
    $1,500-$1,999 101 11.3
    Others 424 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 936 44.8
    Employed, worked full-time 641 30.7
    Employed, worked part-time 379 18.1
    Unemployed, looking for work 70 3.4
    Employed, away from work 63 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 185 17.1
    Professionals 279 25.8
    Technicians & trades workers 115 10.6
    Clerical & administrative workers 163 15.1
    Sales 125 11.6
    Others 215 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 29 6.0
    Infants/Primary 205 42.5
    Secondary 151 31.3
    Technical or Further Educational Institution 28 5.8
    University or other Tertiary Institutions 60 12.4
    Others 9 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2044 84.5
    Flat, unit or apartment 196 8.1
    Semi-detached, row or terrace house, townhouse 178 7.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 441 44.6
    Being purchased 315 31.9
    Rented 187 18.9
    Other tenure type 45 4.6
    Tenure Type
Census 2011, ABS
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