Suburb Profile Report for Twin Waters QLD (4564)

Twin Waters House: Median price $822,500, Annual capital growth 2.83%, Number of sales 74, Weekly median advertised rent $663

Twin Waters Unit: Median price $630,750, Annual capital growth 2.55%, Number of sales 22, Weekly median advertised rent $570

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 3698th in the list of Australian suburbs ordered by increase in median house value over the last year, Twin Waters, 4564 is in the BOTTOM 10% with a property value increase of -11.56% recorded in median house prices.

While Twin Waters,4564 ranked number 718th in QLD for increase in median house value (annualised) increase, it is ranked 137th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Twin Waters, 4564. Typically our figures indicate that -5.07% is being offered, which puts this QLD suburb at 2530th most discounted overall in Australia.

At number 2622 in a list of fastest selling suburbs, Twin Waters is in the bottom 30% of suburbs in Australia with an average of days on market 95.8947 for properties listed there.

Situated 93.26km from the CBD, Twin Waters is one of Sunshine Coast (R) localities in the postcode 4564.

QLD has seen average median house prices change by -1.30% which means that Twin Waters, 4564 has not done well for property investors by showing a capital gain of -6.73% over the last year

Comparing Twin Waters,4564 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.46% offered to property buyers. Sellers in Twin Waters itself are offering an average vendor discount of -2.91% to real estate investors.

Metrics i HOUSE UNIT
$822,500 $630,750
-3.24% 9.22%
-11.56% -6.73%
2.83% 2.55%
$663 $570
74 22
4.19% 4.70%
95.8947368421053 109.421052631579

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2549
Median household income ($/weekly) 1278
Median age of persons 51
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 304 11.9
    35-44 years 329 12.9
    45-54 years 352 13.8
    55-64 years 469 18.4
    65-74 years 452 17.7
    Others 643 25.2
    Age Group
    Census Count Percent(%)
    Registered Married 1377 69.9
    Not Married 436 22.1
    Defacto Relationship 156 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1708 69.1
    Papua New Guinea 177 7.2
    South Africa 55 2.2
    United Kingdom 326 13.2
    Other 66 2.7
    Others 141 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.4
    Christianity 1786 75.5
    Islam 4 0.2
    Other Religious Groups 6 0.3
    No Religion 530 22.4
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 80 8.9
    $600-$799 83 9.3
    $800-$999 108 12.1
    $1,250-$1,499 100 11.2
    $1,500-$1,999 101 11.3
    Others 424 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 936 44.8
    Employed, worked full-time 641 30.7
    Employed, worked part-time 379 18.1
    Unemployed, looking for work 70 3.4
    Employed, away from work 63 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 185 17.1
    Professionals 279 25.8
    Technicians & trades workers 115 10.6
    Clerical & administrative workers 163 15.1
    Sales 125 11.6
    Others 215 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 29 6.0
    Infants/Primary 205 42.5
    Secondary 151 31.3
    Technical or Further Educational Institution 28 5.8
    University or other Tertiary Institutions 60 12.4
    Others 9 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2044 84.5
    Flat, unit or apartment 196 8.1
    Semi-detached, row or terrace house, townhouse 178 7.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 441 44.6
    Being purchased 315 31.9
    Rented 187 18.9
    Other tenure type 45 4.6
    Tenure Type
Census 2011, ABS
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