Suburb Profile Report for White Rock QLD (4868)

White Rock House: Median price $296,500, Annual capital growth 1.65%, Number of sales 60, Weekly median advertised rent $350

White Rock Unit: Median price $263,000, Annual capital growth 0.88%, Number of sales 37, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in White Rock has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.15%

Across a shorter period, White Rock, 4868 has seen a median price increase of -0.84% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in White Rock itself are offering an average vendor discount of -7.58% to real estate investors.

White Rock is 63th on a list of best yielding suburbs for rents in QLD with a 6.14% return

Property investors who have had real estate in White Rock, 4868 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 -8.04%

When looking at the potential capital gains offered to property investors over the last 3 years, White Rock comes in at number 109th in QLD.

Property investors looking for a bargain in White Rock should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$296,500 $263,000
-0.84% N/A
-10.15% -8.04%
1.65% 0.88%
$350 $340
60 37
6.14% 6.72%
100.98 137.63

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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