Suburb Profile Report for Wurtulla QLD (4575)

Wurtulla House: Median price $537,500, Annual capital growth 4.68%, Number of sales 117, Weekly median advertised rent $448

Wurtulla Unit: Median price $375,000, Annual capital growth 3.14%, Number of sales 17, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Wurtulla, 4575 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.14%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wurtulla has increased when compared to the 5 year average annual rate.

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 Wurtulla, 4575. Typically our figures indicate that -4.72% is being offered, which puts this QLD suburb at 2756th most discounted overall in Australia.

Residents and property investors in Wurtulla have been waiting around 58.42 days to sell a property.

Renters in Suburb are facing rents around $5370 per annum or $447.5 every week.

Giving property investors a an unimpressive capital gain of -1.06% for the last year, Wurtulla, 4575 is the 1210th highest performer in Australia in this respect.

Wurtulla,4575 has offered an average of -1.06% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Wurtulla 4575 should be seeing an average reduction in asking price of around -3.71% . This means that Wurtulla is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Wurtulla the average time real estate has been on the market is 52.4 days.

With the median price for a house in Wurtulla being $375000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 5.48%

HOUSE UNIT
$537,500 $375,000
-0.46% -2.09%
9.14% -1.06%
4.68% 3.14%
$448 $395
117 17
4.33% 5.48%
58.42 52.4

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 5586
Median household income ($/weekly) 1028
Median age of persons 39
Median housing loan repayment ($/monthly) 1846
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 744 13.3
    25-34 years 626 11.2
    35-44 years 738 13.2
    45-54 years 782 14.0
    55-64 years 622 11.1
    Others 2075 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 2156 52.2
    Not Married 1501 36.3
    Defacto Relationship 475 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4576 85.4
    Greece 33 0.6
    Papua New Guinea 227 4.2
    United Kingdom 271 5.1
    Other 80 1.5
    Others 169 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.1
    Christianity 3675 71.4
    Hinduism 8 0.2
    Other Religious Groups 13 0.3
    No Religion 1384 26.9
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 245 13.2
    $600-$799 235 12.6
    $800-$999 192 10.3
    $1,000-$1,249 162 8.7
    $1,500-$1,999 250 13.4
    Others 777 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1671 38.9
    Employed, worked full-time 1374 32.0
    Employed, worked part-time 909 21.1
    Unemployed, looking for work 192 4.5
    Employed, away from work 153 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 270 11.1
    Professionals 405 16.6
    Technicians & trades workers 435 17.8
    Clerical & administrative workers 340 13.9
    Sales 314 12.9
    Others 674 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 68 5.9
    Infants/Primary 482 42.2
    Secondary 331 29.0
    Technical or Further Educational Institution 78 6.8
    University or other Tertiary Institutions 149 13.0
    Others 35 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4999 93.6
    Semi-detached, row or terrace house, townhouse 332 6.2
    Flat, unit or apartment 9 0.2
    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 768 37.6
    Being purchased 679 33.3
    Rented 590 28.9
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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