Suburb Profile Report for Freshwater QLD (4870)

Freshwater House: Median price $518,750, Annual capital growth 3.17%, Number of sales 26, Weekly median advertised rent $468

Freshwater Unit: Median price $280,000, Annual capital growth 1.70%, Number of sales 28, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Freshwater has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.73% to date .

Over the longer term, Freshwater has seen property prices show investors a 22.06% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Freshwater should be aiming for at least -6.39% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Freshwater have been waiting around 67.42 days to sell a property.

With the median price for a house in Freshwater being $518750 and the advertised rent reaching $467.5 the gross rental yield for property investors calculates out to be 4.69%

Freshwater has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.95% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Freshwater comes in at number 35th in QLD.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Freshwater itself are offering an average vendor discount of -6.38% to real estate investors.

Freshwater, 4870’s gross rental yield is 5.76%

HOUSE UNIT
$518,750 $280,000
2.72% -5.88%
0.73% 8.95%
3.17% 1.70%
$468 $310
26 28
4.69% 5.76%
67.42 51.46

Source: CoreLogic

DSR Score for property investment : Above average (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
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Recent sales & rentals