Suburb Profile Report for Wooloowin QLD (4030)

Wooloowin House: Median price $1,022,500, Annual capital growth 4.71%, Number of sales 54, Weekly median advertised rent $600

Wooloowin Unit: Median price $370,000, Annual capital growth 1.75%, Number of sales 50, Weekly median advertised rent $350

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Wooloowin is in the TOP 20% in QLD when comparing median price capital growth over the last year. Wooloowin gave property investors a very good capital gain figure when compared to the rest of the state, with 20.29%.

Across a shorter period, Wooloowin, 4030 has seen a median price increase of 7.07% over the last quarter.

Vendor discounting in Wooloowin is giving property investors an average Vendor Discount of around -3.30%. This puts suburb at number 655th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Wooloowin the average time real estate has been on the market is 47.2667 days.

Advertised rents are around the $600 mark per week – giving a return of 3.05% based on the median price in Suburb

Wooloowin, 4030 ranked 146th in QLD when comparing growth in median property values or capital gain over the last 12 months. Wooloowin is one of 2415 in our list for QLD

The five-year average increase in median property values for Wooloowin,4030 has given property investors a potential capital gain of -21.82% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Wooloowin is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 67th in terms of most discounted suburbs in QLD

On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.

Metrics i HOUSE UNIT
$1,022,500 $370,000
7.07% 1.79%
20.29% 9.31%
4.71% 1.75%
$600 $350
54 50
3.05% 4.92%
47.2666666666667 65.1142857142857

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5941
Median household income ($/weekly) 1757
Median age of persons 35
Median housing loan repayment ($/monthly) 2300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 751 12.6
    25-34 years 988 16.6
    35-44 years 1000 16.8
    45-54 years 892 15.0
    55-64 years 582 9.8
    Others 1729 29.1
    Age Group
    Census Count Percent(%)
    Not Married 1990 46.0
    Registered Married 1874 43.3
    Defacto Relationship 461 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4453 78.5
    Indonesia 142 2.5
    Papua New Guinea 172 3.0
    United Kingdom 272 4.8
    Other 207 3.6
    Others 430 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.6
    Christianity 3779 69.5
    Hinduism 76 1.4
    Other Religious Groups 75 1.4
    No Religion 1373 25.2
    Others 49 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 260 12.8
    $2,000-$2,499 165 8.1
    $2,500-$2,999 268 13.2
    $3,000-$3,499 197 9.7
    $4,000 or more 166 8.2
    Others 978 48.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2197 47.8
    Not in the labour force 1119 24.4
    Employed, worked part-time 927 20.2
    Employed, away from work 183 4.0
    Unemployed, looking for work 166 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 475 14.3
    Professionals 1122 33.9
    Technicians & trades workers 299 9.0
    Community & personal service workers 251 7.6
    Clerical & administrative workers 559 16.9
    Others 605 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 71 4.8
    Infants/Primary 525 35.8
    Secondary 290 19.8
    Technical or Further Educational Institution 102 7.0
    University or other Tertiary Institutions 423 28.9
    Others 55 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4198 75.9
    Flat, unit or apartment 1151 20.8
    Semi-detached, row or terrace house, townhouse 175 3.2
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 929 42.0
    Being purchased 755 34.1
    Fully owned 507 22.9
    Other tenure type 21 0.9
    Tenure Type
Census 2011, ABS
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