Suburb Profile Report for Wonglepong QLD (4275)

Wonglepong House: Median price $604,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

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

  • House Report

Wonglepong is in the bottom 20% in QLD when comparing median price capital growth over the last year. Wonglepong gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.20%.

The five-year average increase in median property values for Wonglepong,4275 has given property investors a potential capital gain of 14.08% across each of those five years.

Property buyers and investors in Wonglepong 4275 should be seeing an average reduction in asking price of around -11.61% . This means that Wonglepong is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 2.79%, investors should hope to achieve an overall return of 4.43%

Metrics i HOUSE UNIT
$604,500 N/A
N/A N/A
N/A N/A
N/A N/A
N/A N/A
10 N/A
N/A N/A
N/A N/A

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

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 367
Median household income ($/weekly) 1169
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 66 18.0
    15-19 years 32 8.7
    35-44 years 64 17.5
    45-54 years 65 17.8
    55-64 years 44 12.0
    Others 95 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 154 55.4
    Not Married 89 32.0
    Defacto Relationship 35 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 297 80.9
    Papua New Guinea 21 5.7
    Philippines 6 1.6
    United Kingdom 25 6.8
    United States of America 6 1.6
    Others 12 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 251 70.1
    No Religion 103 28.8
    Buddhism 4 1.1
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 17 14.9
    $800-$999 12 10.5
    $1,000-$1,249 13 11.4
    $1,500-$1,999 15 13.2
    $2,000-$2,499 13 11.4
    Others 44 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 120 42.1
    Not in the labour force 88 30.9
    Employed, worked part-time 61 21.4
    Employed, away from work 10 3.5
    Unemployed, looking for work 6 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 28 14.4
    Professionals 25 12.9
    Technicians & trades workers 39 20.1
    Community & personal service workers 19 9.8
    Labourers 29 14.9
    Others 54 27.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 49 51.6
    Secondary 30 31.6
    University or other Tertiary Institutions 9 9.5
    Technical or Further Educational Institution 4 4.2
    Other type of educational institution 3 3.2
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 360 97.8
    Caravan, cabin, houseboat 5 1.4
    Flat, unit or apartment 3 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 66 50.8
    Fully owned 34 26.2
    Rented 27 20.8
    Other tenure type 3 2.3
    Tenure Type
Census 2011, ABS
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