Suburb Profile Report for Willowbank QLD (4306)

Willowbank House: Median price $415,000, Annual capital growth 6.85%, Number of sales 12, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

House Report

QLD has seen average median house prices change by 2.53% which means that Willowbank, 4306 has done well for property investors by showing a capital gain of 27.69% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Willowbank has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Willowbank are currently offering property investors an average price cut of -7.22% below the asking price at the moment.

The QLD suburb of Willowbank, 4306 is in the Ipswich local government area.

Metrics	HOUSE	UNIT
Median price	$415,000	N/A
Quarterly growth	3.11%	N/A
12-month growth	27.69%	N/A
Average Annual Growth	6.85%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	12	N/A
Gross rental yield	N/A	N/A
Days on market	72.28	N/A

Source: CoreLogic

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

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Demographics

Total population	1254
Median household income ($/weekly)	987
Median age of persons	38
Median housing loan repayment ($/monthly)	1430
Average household size	2.5

Census	Count	Percent(%)
5-14 years	181	14.4
25-34 years	153	12.2
35-44 years	194	15.5
45-54 years	186	14.8
55-64 years	179	14.3
Others	360	28.7

Age Group

Census	Count	Percent(%)
Registered Married	462	51.2
Not Married	352	39.0
Defacto Relationship	89	9.9

Social Marital Status

Census	Count	Percent(%)
Australia	1070	90.4
Croatia	6	0.5
Malta	9	0.8
Papua New Guinea	25	2.1
United Kingdom	48	4.1
Others	25	2.1

Country of Birth

Census	Count	Percent(%)
Christianity	845	75.4
No Religion	269	24.0
Buddhism	3	0.3
Other Religious Groups	3	0.3
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	57	13.4
$600-$799	50	11.8
$800-$999	42	9.9
$1,500-$1,999	58	13.6
$2,000-$2,499	50	11.8
Others	168	39.5

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	358	39.0
Not in the labour force	322	35.0
Employed, worked part-time	162	17.6
Unemployed, looking for work	44	4.8
Employed, away from work	33	3.6

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	100	18.0
Community & personal service workers	63	11.4
Clerical & administrative workers	92	16.6
Machinery operators & drivers	73	13.2
Labourers	75	13.5
Others	152	27.4

Occupation

Census	Count	Percent(%)
Pre-school	13	5.3
Infants/Primary	121	49.2
Secondary	75	30.5
Technical or Further Educational Institution	17	6.9
University or other Tertiary Institutions	13	5.3
Others	7	2.8

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	965	82.1
Caravan, cabin, houseboat	211	17.9
Semi-detached, row or terrace house, townhouse	0	0.0
Flat, unit or apartment	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0