Suburb Profile Report for North Ward QLD (4810)

North Ward House: Median price $527,500, Annual capital growth -0.47%, Number of sales 38, Weekly median advertised rent $350

North Ward Unit: Median price $250,000, Annual capital growth -2.72%, Number of sales 95, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

North Ward is in the bottom 10% in QLD when comparing median price capital growth over the last year. North Ward gave property investors a dismal capital gain figure when compared to the rest of the state, with -23.55%.

If we look at median property appreciation over just the last three months, North Ward has given property investors a paper return of -9.83%. This puts Suburb as 845 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in North Ward are currently offering property investors an average price cut of -16.88% below the asking price at the moment.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at -0.47%.

QLD has seen average median house prices change by 0.48% which means that North Ward, 4810 has done well for property investors by showing a capital gain of -18.57% over the last year

A -20.63% growth in median value for property investors in North Ward,4810 puts this suburb at number 292th in terms of best performing suburbs in QLD

Vendor discounting in North Ward is giving property investors an average Vendor Discount of around -9.85%. This puts suburb at number 23th in QLD when ranking the most discounted suburbs.

In the last year 95 properties changed hands in North Ward, which puts it as the 100th most active market in QLD when comparing the number of sales per suburb.

Situated 1074.85km from the CBD, North Ward is one of Townsville localities in the postcode 4810.

Metrics i HOUSE UNIT
$527,500 $250,000
-9.83% -2.91%
-23.55% -18.57%
-0.47% -2.72%
$350 $280
38 95
3.45% 5.82%
111.18 113.37

Source: CoreLogic

DSR Score for property investment : Poor (H), Balanced (U)
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Demographics
Total population 5099
Median household income ($/weekly) 1276
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    20-24 years 517 10.1
    25-34 years 949 18.6
    35-44 years 739 14.5
    45-54 years 734 14.4
    55-64 years 582 11.4
    Others 1577 30.9
    Age Group
    Census Count Percent(%)
    Not Married 1769 51.4
    Registered Married 1137 33.0
    Defacto Relationship 536 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3382 75.1
    Papua New Guinea 217 4.8
    South Africa 46 1.0
    United Kingdom 288 6.4
    Other 220 4.9
    Others 353 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 79 1.8
    Christianity 2854 66.4
    Hinduism 34 0.8
    Other Religious Groups 24 0.6
    No Religion 1289 30.0
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 166 8.8
    $800-$999 205 10.8
    $1,000-$1,249 198 10.5
    $1,500-$1,999 235 12.4
    $2,500-$2,999 210 11.1
    Others 876 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1938 50.1
    Not in the labour force 958 24.8
    Employed, worked part-time 646 16.7
    Employed, away from work 173 4.5
    Unemployed, looking for work 155 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 317 11.5
    Professionals 808 29.4
    Technicians & trades workers 355 12.9
    Community & personal service workers 348 12.7
    Clerical & administrative workers 355 12.9
    Others 566 20.6
    Occupation
    Census Count Percent(%)
    Pre-school 38 3.6
    Infants/Primary 260 24.4
    Secondary 344 32.2
    Technical or Further Educational Institution 110 10.3
    University or other Tertiary Institutions 291 27.3
    Others 24 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2181 52.5
    Separate house 1374 33.1
    Semi-detached, row or terrace house, townhouse 594 14.3
    House or flat attached to a shop, office 5 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1300 62.5
    Fully owned 398 19.1
    Being purchased 380 18.3
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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