Suburb Profile Report for West End QLD (4810)

West End House: Median price $331,000, Annual capital growth 0.86%, Number of sales 41, Weekly median advertised rent $300

West End Unit: Median price $211,250, Annual capital growth 1.46%, Number of sales 24, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.38% which means that West End, 4810 has done well for property investors by showing a capital gain of -10.18% over the last year

Comparing West End,4810 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for West End is $331000, with sellers offering an average of -10.13% off the asking price.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 0.86%, investors should hope to achieve an overall return of 4.71%

Over the last year, property investments in West End, 4810 have given investors a capital gain of -0.59%. This compares averagely with the 0.65% for QLD as a whole.

Comparing West End,4810 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors looking for a bargain in West End should be aiming for at least -17.41% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in West End have been waiting around 108.47 days to sell a property.

Metrics i HOUSE UNIT
$331,000 $211,250
-2.65% -7.14%
-10.18% -0.59%
0.86% 1.46%
$300 $240
41 24
4.71% 5.91%
67.76 108.47

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
Chart Table
Recent sales & rentals