Suburb Profile Report for Withcott QLD (4352)

Withcott House: Median price $425,000, Annual capital growth 3.19%, Number of sales 31, Weekly median advertised rent $433

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of 1.80% for the last 12 months, Withcott, 4352 has performed for property investments than its average annual 3.19% property growth over the last 5 years.

Comparing Withcott,4352 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Withcott are currently offering property investors an average price cut of -4.63% below the asking price at the moment.

On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.

With the median price for a house in Withcott being $425000 and the advertised rent reaching $432.5 the gross rental yield for property investors calculates out to be 5.29%

Metrics i HOUSE UNIT
$425,000 N/A
-1.11% N/A
1.80% N/A
3.19% N/A
$433 N/A
31 N/A
5.29% N/A
70.304347826087 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1711
Median household income ($/weekly) 1356
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 262 15.3
    25-34 years 176 10.3
    35-44 years 203 11.9
    45-54 years 296 17.3
    55-64 years 250 14.6
    Others 524 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 756 64.2
    Not Married 326 27.7
    Defacto Relationship 96 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1417 89.6
    Papua New Guinea 28 1.8
    South Africa 26 1.6
    United Kingdom 49 3.1
    Other 21 1.3
    Others 41 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1219 79.4
    No Religion 296 19.3
    Buddhism 11 0.7
    Other Religious Groups 10 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 55 11.3
    $1,000-$1,249 53 10.9
    $1,250-$1,499 49 10.1
    $1,500-$1,999 78 16.1
    $2,000-$2,499 55 11.3
    Others 195 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 549 43.4
    Not in the labour force 384 30.4
    Employed, worked part-time 251 19.8
    Employed, away from work 45 3.6
    Unemployed, looking for work 36 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 11.9
    Professionals 135 15.9
    Technicians & trades workers 163 19.2
    Clerical & administrative workers 123 14.5
    Labourers 100 11.8
    Others 225 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 19 4.9
    Infants/Primary 162 41.5
    Secondary 133 34.1
    Technical or Further Educational Institution 29 7.4
    University or other Tertiary Institutions 37 9.5
    Others 10 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1528 99.0
    Semi-detached, row or terrace house, townhouse 7 0.5
    Flat, unit or apartment 5 0.3
    Improvised home, tent, sleepers out 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 266 49.7
    Fully owned 196 36.6
    Rented 70 13.1
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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