Suburb Profile Report for Freshwater QLD (4870)

Freshwater House: Median price $502,500, Annual capital growth 2.95%, Number of sales 28, Weekly median advertised rent $450

Freshwater Unit: Median price $267,000, Annual capital growth 1.49%, 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

Property value increases in Freshwater have tracked just lower than the QLD average of 1.88% over the last 12 months.

Taking the average capital gain, or increase in median house value, Freshwater,4870 has racked up an average of -1.66% over the period. This ranks it number 1805th in the whole country for real estate investors looking at median house price increases.

Freshwater, 4870 is offering QLD ‘s 398th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.95%, investors should hope to achieve an overall return of 4.66%

At number 1668th in the list of Australian suburbs ordered by increase in median house value over the last year, Freshwater, 4870 is in the BOTTOM 10% with a property value increase of -15.91% 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 Freshwater has increased when compared to the 5 year average annual rate.

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 Freshwater, 4870. Typically our figures indicate that -6.86% is being offered, which puts this QLD suburb at 292th most discounted overall in Australia.

Residents and property investors in Freshwater have been waiting around 59.46 days to sell a property.

Freshwater, 4870’s gross rental yield is 6.04%

HOUSE UNIT
$502,500 $267,000
-8.22% -4.64%
-1.66% -15.91%
2.95% 1.49%
$450 $310
28 25
4.66% 6.04%
80.05 59.46

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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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