Suburb Profile Report for Freshwater QLD (4870)

Freshwater House: Median price $572,500, Annual capital growth 4.39%, Number of sales 31, Weekly median advertised rent $473

Freshwater Unit: Median price $280,000, Annual capital growth 1.23%, Number of sales 25, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Freshwater, 4870 ranked 101th in QLD when comparing growth in median property values or capital gain over the last 12 months. Freshwater is one of 2415 in our list for QLD

Comparing Freshwater,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Freshwater is giving property investors an average Vendor Discount of around -6.59%. This puts suburb at number 399th in QLD when ranking the most discounted suburbs.

Freshwater has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.67% to date .

Freshwater,4870 has offered an average of -6.67% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Freshwater 4870 should be seeing an average reduction in asking price of around -5.66% . This means that Freshwater is holding prices well when compared to other suburbs in QLD.

On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.

Property investors should expect to get $310 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$572,500 $280,000
10.90% 2.38%
12.04% -6.67%
4.39% 1.23%
$473 $310
31 25
4.29% 5.76%
113.57 61.28

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2103
Median household income ($/weekly) 1354
Median age of persons 39
Median housing loan repayment ($/monthly) 1700
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 290 13.8
    25-34 years 248 11.8
    35-44 years 356 16.9
    45-54 years 346 16.5
    55-64 years 293 13.9
    Others 570 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 658 43.4
    Not Married 616 40.6
    Defacto Relationship 242 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1583 79.3
    South Korea 25 1.3
    Papua New Guinea 78 3.9
    United Kingdom 145 7.3
    Other 68 3.4
    Others 97 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 2.5
    Christianity 1166 62.0
    Islam 4 0.2
    Other Religious Groups 6 0.3
    No Religion 654 34.8
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 82 10.9
    $800-$999 71 9.5
    $1,250-$1,499 78 10.4
    $1,500-$1,999 98 13.1
    $2,000-$2,499 75 10.0
    Others 345 46.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 753 47.2
    Not in the labour force 391 24.5
    Employed, worked part-time 330 20.7
    Employed, away from work 65 4.1
    Unemployed, looking for work 56 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 159 13.9
    Professionals 313 27.3
    Technicians & trades workers 144 12.6
    Community & personal service workers 134 11.7
    Clerical & administrative workers 156 13.6
    Others 239 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 34 6.9
    Infants/Primary 189 38.3
    Secondary 136 27.6
    Technical or Further Educational Institution 33 6.7
    University or other Tertiary Institutions 81 16.4
    Others 20 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1335 67.4
    Semi-detached, row or terrace house, townhouse 335 16.9
    Flat, unit or apartment 302 15.2
    House or flat attached to a shop, office 10 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 316 37.4
    Rented 280 33.1
    Fully owned 250 29.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals