Suburb Profile Report for Wilston QLD (4051)

Wilston House: Median price $1,292,500, Annual capital growth 5.45%, Number of sales 71, Weekly median advertised rent $635

Wilston Unit: Median price $425,000, Annual capital growth -0.54%, Number of sales 23, Weekly median advertised rent $364

  • 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.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of 22.51% for the last 12 months, Wilston, 4051 has performed for property investments than its average annual 5.45% property growth over the last 5 years.

Wilston,4051 was ranked 1420 in Australia by increase in median property value over the quarter.

If you compare the increase in value of investment property in Wilston, 4051 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -17.87%.

If we look at median property appreciation over just the last three months, Wilston has given property investors a paper return of -14.14%. This puts Suburb as 380 on a list of fastest fasting appreciating suburbs in QLD

With the median price for a house in Wilston being $425000 and the advertised rent reaching $364 the gross rental yield for property investors calculates out to be 4.45%

Information supplied by:




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Median House Price: $980k

Current Yield (houses): 3.2%

Average annual growth (houses): 4.4%

Median Unit Price: $525k

Current Yield (units): 3.5%

Average annual growth (units): 4.4%

The suburb of Wilston is situated a snug 8.1km from Brisbane’s central business district and it is in ideal proximity to all that the Sunshine Coast has to offer for a weekend escape. Frequent travellers are also provided ease of access to Brisbane airport, located only 13km away.

According to Jeremy Sheppard, head of research at DSRdata.com.au and LocationScore, the last three years have seen houses in Wilston start to steadily sell off the market quicker.

“Selling times have dropped from about two and a half months to one and a half months over that time,” he shares.

“It’s a similar story with vacancy rates, but even more dramatic. They peaked at over 3% in early 2017. Towards the end of 2019 they’d come down to around 1%.”

There has also been an increase in rents, having hiked up by 7% from September 2018, Sheppard adds.

Director of Metropole Property Strategists, Michael Yardney, shares that the suburb sustains an attractive community spirit, and has strong school catchments and a popular café strip.

“This suburb already has a real community spirit with a very strong school catchment and café strip that locals flock to. It has really gentrified over the last few years too, with old workers cottages and well-built established apartments replaced with bigger, modern contemporary homes.”

Metrics i HOUSE UNIT
$1,292,500 $425,000
6.03% -14.14%
22.51% -17.87%
5.45% -0.54%
$635 $364
71 23
2.55% 4.45%
44.4736842105263 35.15

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 3871
Median household income ($/weekly) 2049
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 584 15.1
    25-34 years 527 13.6
    35-44 years 754 19.5
    45-54 years 569 14.7
    55-64 years 341 8.8
    Others 1097 28.3
    Age Group
    Census Count Percent(%)
    Registered Married 1309 47.9
    Not Married 1152 42.1
    Defacto Relationship 274 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2943 78.9
    Japan 47 1.3
    Papua New Guinea 121 3.2
    United Kingdom 202 5.4
    Other 113 3.0
    Others 303 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.1
    Christianity 2520 69.9
    Hinduism 28 0.8
    Islam 24 0.7
    No Religion 966 26.8
    Others 27 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 152 12.4
    $2,000-$2,499 98 8.0
    $2,500-$2,999 194 15.8
    $3,000-$3,499 116 9.5
    $4,000 or more 138 11.3
    Others 526 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1379 47.6
    Not in the labour force 680 23.4
    Employed, worked part-time 659 22.7
    Employed, away from work 109 3.8
    Unemployed, looking for work 73 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 320 14.9
    Professionals 874 40.7
    Technicians & trades workers 176 8.2
    Community & personal service workers 161 7.5
    Clerical & administrative workers 288 13.4
    Others 326 15.2
    Occupation
    Census Count Percent(%)
    Pre-school 67 5.9
    Infants/Primary 413 36.6
    Secondary 237 21.0
    Technical or Further Educational Institution 69 6.1
    University or other Tertiary Institutions 325 28.8
    Others 18 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2931 80.6
    Flat, unit or apartment 426 11.7
    Semi-detached, row or terrace house, townhouse 277 7.6
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 489 36.1
    Being purchased 466 34.4
    Fully owned 395 29.1
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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