Suburb Profile Report for Whitfield QLD (4870)

Whitfield House: Median price $482,500, Annual capital growth 2.16%, Number of sales 63, Weekly median advertised rent $440

Whitfield Unit: Median price $262,000, Annual capital growth 2.53%, Number of sales 17, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -1.93% for the last 12 months, Whitfield, 4870 has performed for property investments than its average annual 2.16% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Whitfield,4870 has racked up an average of -1.93% over the period. This ranks it number 3374th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Whitfield 4870 should be seeing an average reduction in asking price of around -8.68% . This means that Whitfield is holding prices well when compared to other suburbs in QLD.

The QLD suburb of Whitfield, 4870 is in the Cairns local government area.

With a capital gain of 21.02% for the last 12 months, Whitfield, 4870 has performed for property investments than its average annual 2.53% property growth over the last 5 years.

Over the longer term, Whitfield has seen property prices show investors a 4.80% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Whitfield is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 75th in terms of most discounted suburbs in QLD

Metrics i HOUSE UNIT
$482,500 $262,000
-0.52% 6.07%
-1.93% 21.02%
2.16% 2.53%
$440 $290
63 17
4.74% 5.76%
61.2 101.9

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (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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