Suburb Profile Report for Whitfield QLD (4870)

Whitfield House: Median price $516,000, Annual capital growth 3.53%, Number of sales 65, Weekly median advertised rent $438

Whitfield Unit: Median price $245,000, Annual capital growth 2.67%, Number of sales 21, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.11% which means that Whitfield, 4870 has done well for property investors by showing a capital gain of 2.99% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Whitfield has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -8.95% to buyers in Whitfield at the moment, which is less than average for the rest of QLD.

At number 1132 in a list of fastest selling suburbs, Whitfield is in the TOP 30% of suburbs in Australia with an average of days on market 65.73 for properties listed there.

Property investors should expect to get $437.5 weekly from the median priced house in this suburb.

Whitfield has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.39% to date .

While Whitfield,4870 ranked number 32th in QLD for increase in median house value (annualised) increase, it is ranked 169th over the last 5 years.

At number 14th of QLD’s most discounted properties, Whitfield is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 1021 in a list of fastest selling suburbs, Whitfield is in the bottom 40% of suburbs in Australia with an average of days on market 92.66 for properties listed there.

HOUSE UNIT
$516,000 $245,000
-0.77% 6.52%
2.99% 12.39%
3.53% 2.67%
$438 $290
65 21
4.41% 6.16%
65.73 92.66

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4177
Median household income ($/weekly) 1256
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 589 14.1
    25-34 years 405 9.7
    35-44 years 682 16.3
    45-54 years 675 16.2
    55-64 years 511 12.2
    Others 1316 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 1360 46.9
    Not Married 1157 39.9
    Defacto Relationship 381 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3100 79.6
    South Korea 46 1.2
    Papua New Guinea 145 3.7
    United Kingdom 239 6.1
    Other 142 3.6
    Others 223 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 1.4
    Christianity 2484 67.2
    Islam 21 0.6
    Other Religious Groups 17 0.5
    No Religion 1105 29.9
    Others 20 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 137 9.6
    $800-$999 162 11.3
    $1,000-$1,249 136 9.5
    $1,500-$1,999 180 12.6
    $2,000-$2,499 149 10.4
    Others 668 46.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1333 43.6
    Not in the labour force 870 28.5
    Employed, worked part-time 618 20.2
    Employed, away from work 128 4.2
    Unemployed, looking for work 105 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 264 12.7
    Professionals 557 26.9
    Technicians & trades workers 244 11.8
    Community & personal service workers 227 10.9
    Clerical & administrative workers 323 15.6
    Others 459 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 45 5.2
    Infants/Primary 388 44.4
    Secondary 220 25.2
    Technical or Further Educational Institution 58 6.6
    University or other Tertiary Institutions 130 14.9
    Others 32 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2598 67.9
    Flat, unit or apartment 668 17.5
    Semi-detached, row or terrace house, townhouse 547 14.3
    House or flat attached to a shop, office 12 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 553 35.2
    Fully owned 521 33.2
    Rented 459 29.3
    Other tenure type 36 2.3
    Tenure Type
Census 2011, ABS
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