Suburb Profile Report for Kirkwood QLD (4680)

Kirkwood House: Median price $325,000, Annual capital growth -4.76%, Number of sales 23, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

At number 4125th in the list of Australian suburbs ordered by increase in median house value over the last year, Kirkwood, 4680 is in the BOTTOM 10% with a property value increase of -22.62% recorded in median house prices.

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

Our latest figures would indicate that property sellers in Kirkwood are currently offering property investors an average price cut of -12.37% below the asking price at the moment.

Often selling an investment property can take time, and in Kirkwood the average time real estate has been on the market is 102.7 days.

With the median price for a house in Kirkwood being $325000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 4.16%

Metrics i HOUSE UNIT
$325,000 N/A
-10.22% N/A
-22.62% N/A
-4.76% N/A
$260 N/A
23 N/A
4.16% N/A
102.7 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Above average (U)
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Demographics
Total population 415
Median household income ($/weekly) 2635
Median age of persons 30
Median housing loan repayment ($/monthly) 2600
Average household size 3
  • Census Count Percent(%)
    0-4 years 47 11.3
    5-14 years 71 17.0
    25-34 years 101 24.2
    35-44 years 73 17.5
    45-54 years 45 10.8
    Others 80 19.2
    Age Group
    Census Count Percent(%)
    Registered Married 145 55.1
    Not Married 70 26.6
    Defacto Relationship 48 18.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 317 78.7
    Indonesia 8 2.0
    South Africa 26 6.5
    United Kingdom 11 2.7
    Other 16 4.0
    Others 25 6.2
    Country of Birth
    Census Count Percent(%)
    Christianity 253 64.7
    No Religion 118 30.2
    Hinduism 11 2.8
    Buddhism 6 1.5
    Judaism 3 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 12 10.4
    $2,000-$2,499 14 12.2
    $2,500-$2,999 39 33.9
    $3,000-$3,499 12 10.4
    $4,000 or more 10 8.7
    Others 28 24.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 170 58.6
    Not in the labour force 58 20.0
    Employed, worked part-time 44 15.2
    Unemployed, looking for work 10 3.4
    Employed, away from work 8 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 26 11.7
    Professionals 52 23.4
    Technicians & trades workers 40 18.0
    Machinery operators & drivers 27 12.2
    Labourers 26 11.7
    Others 51 23.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 53 48.6
    Secondary 21 19.3
    University or other Tertiary Institutions 19 17.4
    Technical or Further Educational Institution 9 8.3
    Pre-school 7 6.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 375 100.0
    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 82 66.7
    Rented 32 26.0
    Fully owned 9 7.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals