Suburb Profile Report for Pittsworth QLD (4356)

Pittsworth House: Median price $285,000, Annual capital growth 0.71%, Number of sales 34, Weekly median advertised rent $310

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

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

Investment property in Pittsworth has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.76%

Over the longer term, Pittsworth has seen property prices show investors a -5.00% return over the last 3 years. This is worse than over the last 12 months

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Pittsworth itself are offering an average vendor discount of -6.56% to real estate investors.

Situated 140.01km from the CBD, Pittsworth is one of Toowoomba (R) localities in the postcode 4356.

Metrics i HOUSE UNIT
$285,000 N/A
-4.20% N/A
-11.76% N/A
0.71% N/A
$310 N/A
34 N/A
5.66% N/A
128.260869565217 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), Below average (U)
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Demographics
Total population 2968
Median household income ($/weekly) 949
Median age of persons 39
Median housing loan repayment ($/monthly) 1387
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 484 16.3
    35-44 years 374 12.6
    45-54 years 342 11.5
    55-64 years 344 11.6
    65-74 years 270 9.1
    Others 1155 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 1090 55.0
    Not Married 707 35.7
    Defacto Relationship 184 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2628 92.0
    Croatia 17 0.6
    Papua New Guinea 76 2.7
    United Kingdom 52 1.8
    Other 20 0.7
    Others 63 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 2421 87.4
    No Religion 340 12.3
    Buddhism 6 0.2
    Other Religious Groups 3 0.1
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 158 16.6
    $600-$799 95 10.0
    $800-$999 105 11.1
    $1,000-$1,249 99 10.4
    $1,500-$1,999 121 12.8
    Others 371 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 797 37.1
    Employed, worked full-time 796 37.1
    Employed, worked part-time 423 19.7
    Employed, away from work 82 3.8
    Unemployed, looking for work 48 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 136 10.5
    Technicians & trades workers 241 18.6
    Clerical & administrative workers 150 11.5
    Machinery operators & drivers 144 11.1
    Labourers 262 20.2
    Others 366 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 42 6.5
    Infants/Primary 287 44.4
    Secondary 230 35.6
    Technical or Further Educational Institution 37 5.7
    University or other Tertiary Institutions 41 6.3
    Others 9 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2632 95.8
    Flat, unit or apartment 71 2.6
    Caravan, cabin, houseboat 21 0.8
    Semi-detached, row or terrace house, townhouse 18 0.7
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 388 37.6
    Being purchased 324 31.4
    Rented 304 29.5
    Other tenure type 15 1.5
    Tenure Type
Census 2011, ABS
Chart Table