Suburb Profile Report for North Ward QLD (4810)

North Ward House: Median price $710,000, Annual capital growth 3.59%, Number of sales 53, Weekly median advertised rent $370

North Ward Unit: Median price $305,000, Annual capital growth -0.52%, Number of sales 148, Weekly median advertised rent $300

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2020th in the list of Australian suburbs ordered by increase in median house value over the last year, North Ward, 4810 is in the top half with a property value increase of 13.15% recorded in median house prices.

Over the longer term, North Ward has seen property prices show investors a 26.79% return over the last 3 years. This is worse than over the last 12 months

At number 168th of QLD’s most discounted properties, North Ward is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in North Ward have been waiting around 73.8529 days to sell a property.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 3.59%, investors should hope to achieve an overall return of 2.71%

Giving property investors a an average capital gain of 6.09% for the last year, North Ward, 4810 is the 874th highest performer in Australia in this respect.

Across a shorter period, North Ward, 4810 has seen a median price increase of 4.27% over the last quarter.

Property investors looking for a bargain in North Ward should be aiming for at least -6.35% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 148 properties changed hands in North Ward, which puts it as the 55th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$710,000 $305,000
-3.73% 4.27%
13.15% 6.09%
3.59% -0.52%
$370 $300
53 148
2.71% 5.11%
73.8529411764706 64.4285714285714

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. 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 5099
Median household income ($/weekly) 1276
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    20-24 years 517 10.1
    25-34 years 949 18.6
    35-44 years 739 14.5
    45-54 years 734 14.4
    55-64 years 582 11.4
    Others 1577 30.9
    Age Group
    Census Count Percent(%)
    Not Married 1769 51.4
    Registered Married 1137 33.0
    Defacto Relationship 536 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3382 75.1
    Papua New Guinea 217 4.8
    South Africa 46 1.0
    United Kingdom 288 6.4
    Other 220 4.9
    Others 353 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 79 1.8
    Christianity 2854 66.4
    Hinduism 34 0.8
    Other Religious Groups 24 0.6
    No Religion 1289 30.0
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 166 8.8
    $800-$999 205 10.8
    $1,000-$1,249 198 10.5
    $1,500-$1,999 235 12.4
    $2,500-$2,999 210 11.1
    Others 876 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1938 50.1
    Not in the labour force 958 24.8
    Employed, worked part-time 646 16.7
    Employed, away from work 173 4.5
    Unemployed, looking for work 155 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 317 11.5
    Professionals 808 29.4
    Technicians & trades workers 355 12.9
    Community & personal service workers 348 12.7
    Clerical & administrative workers 355 12.9
    Others 566 20.6
    Occupation
    Census Count Percent(%)
    Pre-school 38 3.6
    Infants/Primary 260 24.4
    Secondary 344 32.2
    Technical or Further Educational Institution 110 10.3
    University or other Tertiary Institutions 291 27.3
    Others 24 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2181 52.5
    Separate house 1374 33.1
    Semi-detached, row or terrace house, townhouse 594 14.3
    House or flat attached to a shop, office 5 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1300 62.5
    Fully owned 398 19.1
    Being purchased 380 18.3
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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