Suburb Profile Report for Windaroo QLD (4207)

Windaroo House: Median price $530,000, Annual capital growth 3.36%, Number of sales 56, Weekly median advertised rent $440

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Windaroo has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.95%

Windaroo,4207 was ranked 3487 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Windaroo is offering property investors an average of -7.03. This rate of discount on properties puts Suburb at number 640th in terms of most discounted suburbs in QLD

A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.32%, without taking into account capital value appreciation, which has been averaging out at 3.36%.

Metrics i HOUSE UNIT
$530,000 N/A
-4.07% N/A
4.95% N/A
3.36% N/A
$440 N/A
56 N/A
4.32% N/A
62.046511627907 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 2715
Median household income ($/weekly) 1598
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 409 15.1
    25-34 years 284 10.5
    35-44 years 411 15.1
    45-54 years 443 16.3
    55-64 years 290 10.7
    Others 878 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 1149 57.3
    Not Married 677 33.8
    Defacto Relationship 178 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1916 73.6
    Papua New Guinea 200 7.7
    South Africa 27 1.0
    United Kingdom 278 10.7
    Other 67 2.6
    Others 115 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1946 77.6
    No Religion 531 21.2
    Buddhism 16 0.6
    Other Religious Groups 9 0.4
    Hinduism 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 70 8.7
    $1,250-$1,499 73 9.1
    $1,500-$1,999 127 15.8
    $2,000-$2,499 100 12.4
    $2,500-$2,999 92 11.4
    Others 342 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 913 44.0
    Not in the labour force 577 27.8
    Employed, worked part-time 441 21.3
    Unemployed, looking for work 75 3.6
    Employed, away from work 67 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 186 13.1
    Professionals 189 13.3
    Technicians & trades workers 254 17.8
    Clerical & administrative workers 244 17.1
    Sales 170 11.9
    Others 381 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 33 4.7
    Infants/Primary 253 36.3
    Secondary 249 35.7
    Technical or Further Educational Institution 58 8.3
    University or other Tertiary Institutions 89 12.8
    Others 15 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2553 99.2
    Semi-detached, row or terrace house, townhouse 18 0.7
    Flat, unit or apartment 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 462 53.5
    Fully owned 256 29.6
    Rented 146 16.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table