Suburb Profile Report for Wurtulla QLD (4575)

Wurtulla House: Median price $520,000, Annual capital growth 4.36%, Number of sales 124, Weekly median advertised rent $450

Wurtulla Unit: Median price $350,000, Annual capital growth 2.33%, Number of sales 23, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wurtulla, 4575 have given investors a capital gain of -2.53%. This compares badly with the 2.11% for QLD as a whole.

If we look at median property appreciation over just the last three months, Wurtulla has given property investors a paper return of -3.93%. This puts Suburb as 749 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in Wurtulla are currently offering property investors an average price cut of -4.41% below the asking price at the moment.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 4.50%

Giving property investors a a poor capital gain of -9.09% for the last year, Wurtulla, 4575 is the 1538th highest performer in Australia in this respect.

Over the longer term, Wurtulla has seen property prices show investors a 16.09% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Wurtulla is giving property investors an average Vendor Discount of around -5.90%. This puts suburb at number 140th 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 73.35 days.

HOUSE UNIT
$520,000 $350,000
-3.93% N/A
-2.53% -9.09%
4.36% 2.33%
$450 $395
124 23
4.50% 5.87%
55.69 73.35

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
Find a mortgage broker in Wurtulla QLD
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
Chart Table
Recent sales & rentals