Suburb Profile Report for Freshwater QLD (4870)

Freshwater House: Median price $510,000, Annual capital growth 3.04%, Number of sales 26, Weekly median advertised rent $470

Freshwater Unit: Median price $280,000, Annual capital growth 0.86%, Number of sales 31, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Freshwater, 4870 should be relatively 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 -0.97%

Across a shorter period, Freshwater, 4870 has seen a median price increase of 0.99% over the last quarter.

At number 376th of QLD’s most discounted properties, Freshwater is in the middle of the state/territory when listing in order of most discounted to least.

At number 1307 in a list of fastest selling suburbs, Freshwater is in the TOP 40% of suburbs in Australia with an average of days on market 66.85 for properties listed there.

Using the current median advertised rental of $470 and the average annual increase in value of a median property of 3.04%, investors should hope to achieve an overall return of 4.79%

At number 358th in the list of Australian suburbs ordered by increase in median house value over the last year, Freshwater, 4870 is in the top 30% with a property value increase of 11.11% recorded in median house prices.

Freshwater,4870 was ranked 1557 in Australia by increase in median property value over the quarter.

Freshwater, 4870 is offering QLD ‘s 134th 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.

HOUSE UNIT
$510,000 $280,000
0.99% -6.67%
-0.97% 11.11%
3.04% 0.86%
$470 $310
26 31
4.79% 5.76%
66.85 53.52

Source: CoreLogic

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