Suburb Profile Report for West End QLD (4810)

West End House: Median price $366,000, Annual capital growth 3.24%, Number of sales 36, Weekly median advertised rent $330

West End Unit: Median price $188,500, Annual capital growth 0.71%, Number of sales 32, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

West End has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.87% to date .

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

At number 172th of QLD’s most discounted properties, West End is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $330 mark per week – giving a return of 4.69% based on the median price in Suburb

With a capital gain of -8.05% for the last 12 months, West End, 4810 has performed for property investments than its average annual 0.71% property growth over the last 5 years.

West End,4810 was ranked 117 in Australia by increase in median property value over the quarter.

Property buyers and investors in West End 4810 should be seeing an average reduction in asking price of around -15.20% . This means that West End is holding prices well when compared to other suburbs in QLD.

In the last year 32 properties changed hands in West End, which puts it as the 234th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $250 and the average annual increase in value of a median property of 0.71%, investors should hope to achieve an overall return of 6.90%

HOUSE UNIT
$366,000 $188,500
3.98% 8.65%
4.87% -8.05%
3.24% 0.71%
$330 $250
36 32
4.69% 6.90%
71.64 129.4

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
Find a mortgage broker in West End QLD
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