Suburb Profile Report for White Rock QLD (4868)

White Rock House: Median price $297,500, Annual capital growth 1.95%, Number of sales 55, Weekly median advertised rent $350

White Rock Unit: Median price $278,000, Annual capital growth 1.52%, Number of sales 33, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in White Rock have tracked lower than the QLD average of 2.06% over the last 12 months.

The five-year average increase in median property values for White Rock,4868 has given property investors a potential capital gain of 0.85% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that White Rock is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 287th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in White Rock the average time real estate has been on the market is 97.73 days.

Advertised rents are around the $350 mark per week – giving a return of 6.12% based on the median price in Suburb

Giving property investors a a solid capital gain of 15.83% for the last year, White Rock, 4868 is the 191th highest performer in Australia in this respect.

Comparing White Rock,4868 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.63% to buyers in White Rock at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 1.52%, investors should hope to achieve an overall return of 6.36%

Metrics i HOUSE UNIT
$297,500 $278,000
-7.75% 4.32%
-9.85% 15.83%
1.95% 1.52%
$350 $340
55 33
6.12% 6.36%
97.73 107.6

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4490
Median household income ($/weekly) 1062
Median age of persons 33
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 703 15.7
    25-34 years 589 13.1
    35-44 years 662 14.7
    45-54 years 578 12.9
    55-64 years 484 10.8
    Others 1474 32.8
    Age Group
    Census Count Percent(%)
    Not Married 1349 45.5
    Registered Married 1133 38.2
    Defacto Relationship 485 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3308 80.2
    Papua New Guinea 153 3.7
    Philippines 60 1.5
    United Kingdom 160 3.9
    Other 205 5.0
    Others 239 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 1.1
    Christianity 2816 71.8
    Islam 17 0.4
    Other Religious Groups 48 1.2
    No Religion 991 25.3
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 175 13.1
    $600-$799 156 11.7
    $800-$999 144 10.8
    $1,250-$1,499 154 11.5
    $1,500-$1,999 202 15.1
    Others 503 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1201 38.3
    Not in the labour force 1036 33.0
    Employed, worked part-time 580 18.5
    Unemployed, looking for work 187 6.0
    Employed, away from work 131 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 309 16.2
    Community & personal service workers 225 11.8
    Clerical & administrative workers 301 15.7
    Sales 238 12.4
    Labourers 256 13.4
    Others 583 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 62 6.5
    Infants/Primary 395 41.4
    Secondary 328 34.4
    Technical or Further Educational Institution 64 6.7
    University or other Tertiary Institutions 84 8.8
    Others 21 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3407 82.9
    Flat, unit or apartment 355 8.6
    Semi-detached, row or terrace house, townhouse 325 7.9
    Caravan, cabin, houseboat 21 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 645 43.0
    Being purchased 550 36.7
    Fully owned 274 18.3
    Other tenure type 31 2.1
    Tenure Type
Census 2011, ABS
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