Suburb Profile Report for Kirwan QLD (4817)

Kirwan House: Median price $320,000, Annual capital growth 0.02%, Number of sales 286, Weekly median advertised rent $330

Kirwan Unit: Median price $261,250, Annual capital growth 1.14%, Number of sales 21, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kirwan, 4817 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.03%

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

The most recent median price for Kirwan is $320000, with sellers offering an average of -8.84% off the asking price.

At number 2226 in a list of fastest selling suburbs, Kirwan is just in the bottom half of suburbs in Australia with an average of days on market 87.09 for properties listed there.

With the median price for a house in Kirwan being $320000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.36%

Kirwan, 4817 ranked 45th in QLD when comparing growth in median property values or capital gain over the last 12 months. Kirwan is one of 2415 in our list for QLD

When looking at the potential capital gains offered to property investors over the last 3 years, Kirwan comes in at number 291th in QLD.

Our latest figures would indicate that property sellers in Kirwan are currently offering property investors an average price cut of -12.59% below the asking price at the moment.

At number 1414 in a list of fastest selling suburbs, Kirwan is in the bottom 10% of suburbs in Australia with an average of days on market 144.76 for properties listed there.

Kirwan is 107th on a list of best yielding suburbs for rents in QLD with a 5.77% return

Metrics i HOUSE UNIT
$320,000 $261,250
0.00% 7.84%
-3.03% 11.41%
0.02% 1.14%
$330 $290
286 21
5.36% 5.77%
87.09 144.76

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 21771
Median household income ($/weekly) 1538
Median age of persons 31
Median housing loan repayment ($/monthly) 1830
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 3334 15.3
    25-34 years 3170 14.6
    35-44 years 3273 15.0
    45-54 years 2943 13.5
    55-64 years 2055 9.4
    Others 6995 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 7122 47.5
    Not Married 5903 39.3
    Defacto Relationship 1979 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 18194 87.9
    Papua New Guinea 543 2.6
    Philippines 138 0.7
    United Kingdom 696 3.4
    Other 442 2.1
    Others 682 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 137 0.7
    Christianity 15419 77.0
    Islam 61 0.3
    Other Religious Groups 71 0.4
    No Religion 4293 21.4
    Others 45 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 592 9.5
    $1,250-$1,499 580 9.3
    $1,500-$1,999 1046 16.8
    $2,000-$2,499 892 14.3
    $2,500-$2,999 571 9.2
    Others 2544 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7447 47.1
    Not in the labour force 3970 25.1
    Employed, worked part-time 3092 19.5
    Employed, away from work 750 4.7
    Unemployed, looking for work 564 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1609 14.3
    Technicians & trades workers 1906 16.9
    Community & personal service workers 1464 13.0
    Clerical & administrative workers 1788 15.8
    Sales 1278 11.3
    Others 3246 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 278 5.0
    Infants/Primary 2176 39.3
    Secondary 1643 29.7
    Technical or Further Educational Institution 425 7.7
    University or other Tertiary Institutions 909 16.4
    Others 99 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 19246 93.7
    Semi-detached, row or terrace house, townhouse 985 4.8
    Flat, unit or apartment 298 1.5
    Improvised home, tent, sleepers out 7 0.0
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2860 40.1
    Rented 2784 39.0
    Fully owned 1464 20.5
    Other tenure type 31 0.4
    Tenure Type
Census 2011, ABS
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