Suburb Profile Report for Wongaling Beach QLD (4852)

Wongaling Beach House: Median price $358,000, Annual capital growth -3.95%, Number of sales 21, Weekly median advertised rent $330

Wongaling Beach Unit: Median price $245,000, Annual capital growth 18.40%, Number of sales 10, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 11.88% for the last 12 months, Wongaling Beach, 4852 has performed for property investments than its average annual -3.95% property growth over the last 5 years.

Across a shorter period, Wongaling Beach, 4852 has seen a median price increase of -5.79% over the last quarter.

The most recent median price for Wongaling Beach is $358000, with sellers offering an average of -11.40% off the asking price.

The QLD suburb of Wongaling Beach, 4852 is in the Cassowary Coast local government area.

Over the last year, property investments in Wongaling Beach, 4852 have given investors a capital gain of 12.64%. This compares very favourably with the 0.65% for QLD as a whole.

Wongaling Beach,4852 was ranked 298 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Wongaling Beach is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 23th in terms of most discounted suburbs in QLD

Residents and property investors in Wongaling Beach have been waiting around 187.09 days to sell a property.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$358,000 $245,000
-5.79% 4.26%
11.88% 12.64%
-3.95% 18.40%
$330 $250
21 10
4.79% 5.31%
132.52 187.09

Source: CoreLogic

DSR Score for property investment : Below average (U), Poor (H)
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Demographics
Total population 1063
Median household income ($/weekly) 1044
Median age of persons 43
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 122 11.5
    25-34 years 124 11.7
    35-44 years 135 12.7
    45-54 years 184 17.3
    55-64 years 178 16.7
    Others 321 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 339 44.9
    Not Married 298 39.5
    Defacto Relationship 118 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 806 79.2
    China 6 0.6
    Papua New Guinea 44 4.3
    United Kingdom 76 7.5
    Other 32 3.1
    Others 54 5.3
    Country of Birth
    Census Count Percent(%)
    Christianity 643 65.4
    No Religion 320 32.6
    Buddhism 8 0.8
    Islam 7 0.7
    Other Religious Groups 5 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 34 8.9
    $600-$799 56 14.7
    $800-$999 41 10.7
    $1,000-$1,249 38 9.9
    $1,500-$1,999 51 13.4
    Others 162 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 336 40.6
    Not in the labour force 270 32.6
    Employed, worked part-time 166 20.0
    Unemployed, looking for work 30 3.6
    Employed, away from work 26 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 19.2
    Professionals 67 12.8
    Technicians & trades workers 89 17.0
    Community & personal service workers 59 11.2
    Labourers 72 13.7
    Others 137 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 14 7.7
    Infants/Primary 78 42.9
    Secondary 60 33.0
    Technical or Further Educational Institution 18 9.9
    University or other Tertiary Institutions 9 4.9
    Others 3 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 751 77.6
    Flat, unit or apartment 192 19.8
    Caravan, cabin, houseboat 15 1.5
    Improvised home, tent, sleepers out 6 0.6
    Semi-detached, row or terrace house, townhouse 4 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 165 40.0
    Fully owned 141 34.1
    Being purchased 104 25.2
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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