Suburb Profile Report for White Rock QLD (4868)

White Rock House: Median price $300,000, Annual capital growth 1.92%, Number of sales 57, Weekly median advertised rent $350

White Rock Unit: Median price $265,000, Annual capital growth 1.08%, Number of sales 33, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in White Rock, 4868 have given investors a capital gain of -8.47%. This compares very badly with the 2.38% for QLD as a whole.

White Rock,4868 was ranked 3643 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in White Rock, 4868. Typically our figures indicate that -7.63% is being offered, which puts this QLD suburb at 966th most discounted overall in Australia.

White Rock is 64th on a list of best yielding suburbs for rents in QLD with a 6.07% return

At number 475th in the list of Australian suburbs ordered by increase in median house value over the last year, White Rock, 4868 is in the top 30% with a property value increase of 8.38% recorded in median house prices.

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

Sellers are offering property buyers an average discount of -5.26% to buyers in White Rock at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.

With the median price for a house in White Rock being $265000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 6.57%

Metrics i HOUSE UNIT
$300,000 $265,000
-3.54% -4.68%
-8.47% 8.38%
1.92% 1.08%
$350 $335
57 33
6.07% 6.57%
97.5 110.43

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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Recent sales & rentals