Suburb Profile Report for Wurtulla QLD (4575)

Wurtulla House: Median price $535,000, Annual capital growth 3.71%, Number of sales 133, Weekly median advertised rent $460

Wurtulla Unit: Median price $350,000, Annual capital growth 4.92%, Number of sales 27, Weekly median advertised rent $408

  • 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 -0.93% for the last year, Wurtulla, 4575 is the 3175th highest performer in Australia in this respect.

Wurtulla,4575 has offered an average of -0.93% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Wurtulla is giving property investors an average Vendor Discount of around -4.38%. This puts suburb at number 707th in QLD when ranking the most discounted suburbs.

In the last year 133 properties changed hands in Wurtulla, which puts it as the 163th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Wurtulla being $535000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.47%

Property value increases in Wurtulla have tracked lower than the QLD average of 0.66% over the last 12 months.

Wurtulla,4575 was ranked 519 in Australia by increase in median property value over the quarter.

Vendor discounting in Wurtulla is giving property investors an average Vendor Discount of around -5.17%. This puts suburb at number 197th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Wurtulla the average time real estate has been on the market is 83.54 days.

Using the current median advertised rental of $407.5 and the average annual increase in value of a median property of 4.92%, investors should hope to achieve an overall return of 6.05%

Metrics i HOUSE UNIT
$535,000 $350,000
0.00% 2.94%
-0.93% -8.62%
3.71% 4.92%
$460 $408
133 27
4.47% 6.05%
56.94 83.54

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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