Suburb Profile Report for West End QLD (4810)

West End House: Median price $345,000, Annual capital growth 1.88%, Number of sales 33, Weekly median advertised rent $323

West End Unit: Median price $230,000, Annual capital growth 3.24%, Number of sales 29, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

West End has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -4.17% to date .

Over the longer term, West End has seen property prices show investors a -11.76% return over the last 3 years. This is an improvement over the last 12 months

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 West End, 4810. Typically our figures indicate that -9.04% is being offered, which puts this QLD suburb at 522th most discounted overall in Australia.

Using the current median advertised rental of $322.5 and the average annual increase in value of a median property of 1.88%, investors should hope to achieve an overall return of 4.86%

Property value increases in West End have tracked higher than the QLD average of 1.70% over the last 12 months.

West End4810 is located in QLD which offers an average discount of -5.97% to property investors. West End itself is showing figures that indicate -17.21% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $240 mark per week – giving a return of 5.43% based on the median price in Suburb

HOUSE UNIT
$345,000 $230,000
-11.54% N/A
-4.17% 15.00%
1.88% 3.24%
$323 $240
33 29
4.86% 5.43%
79.12 135.62

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 4241
Median household income ($/weekly) 1116
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 405 9.5
    25-34 years 826 19.5
    35-44 years 622 14.7
    45-54 years 642 15.1
    55-64 years 470 11.1
    Others 1276 30.1
    Age Group
    Census Count Percent(%)
    Not Married 1585 52.6
    Registered Married 976 32.4
    Defacto Relationship 455 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3097 82.0
    Papua New Guinea 137 3.6
    United Kingdom 175 4.6
    United States of America 45 1.2
    Other 125 3.3
    Others 199 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 1.3
    Christianity 2476 68.6
    Islam 8 0.2
    Other Religious Groups 29 0.8
    No Religion 1038 28.8
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 161 9.9
    $600-$799 151 9.3
    $800-$999 173 10.7
    $1,000-$1,249 179 11.1
    $1,500-$1,999 203 12.5
    Others 752 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1511 46.9
    Not in the labour force 885 27.5
    Employed, worked part-time 522 16.2
    Employed, away from work 152 4.7
    Unemployed, looking for work 151 4.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 492 22.5
    Technicians & trades workers 329 15.1
    Community & personal service workers 249 11.4
    Clerical & administrative workers 296 13.5
    Labourers 232 10.6
    Others 587 26.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 257 34.8
    Secondary 148 20.0
    Technical or Further Educational Institution 81 11.0
    University or other Tertiary Institutions 201 27.2
    Other type of educational institution 28 3.8
    Others 24 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2168 58.4
    Flat, unit or apartment 1184 31.9
    Semi-detached, row or terrace house, townhouse 335 9.0
    Caravan, cabin, houseboat 27 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 907 52.5
    Being purchased 490 28.4
    Fully owned 322 18.6
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals