Suburb Profile Report for Kirwan QLD (4817)

Kirwan House: Median price $315,000, Annual capital growth -1.83%, Number of sales 268, Weekly median advertised rent $360

Kirwan Unit: Median price $199,000, Annual capital growth -3.29%, Number of sales 26, Weekly median advertised rent $278

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

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

  • House Report
  • Unit Report

Property investors who have had real estate in Kirwan, 4817 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.86%

Taking the average capital gain, or increase in median house value, Kirwan,4817 has racked up an average of 2.86% over the period. This ranks it number 3070th in the whole country for real estate investors looking at median house price increases.

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 Kirwan, 4817. Typically our figures indicate that -7.03% is being offered, which puts this QLD suburb at 1077th most discounted overall in Australia.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.94%, without taking into account capital value appreciation, which has been averaging out at -1.83%.

At number 519th in the list of Australian suburbs ordered by increase in median house value over the last year, Kirwan, 4817 is in the top 40% with a property value increase of 3.92% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Kirwan,4817 has racked up an average of 3.92% over the period. This ranks it number 1518th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -9.40% to buyers in Kirwan at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Kirwan the average time real estate has been on the market is 116.647 days.

Renters in Suburb are facing rents around $14430 per annum or $277.5 every week.

Metrics i HOUSE UNIT
$315,000 $199,000
1.61% 2.05%
2.86% 3.92%
-1.83% -3.29%
$360 $278
268 26
5.94% 7.25%
76.2232142857143 116.647058823529

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 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 21771
Median household income ($/weekly) 1538
Median age of persons 31
Median housing loan repayment ($/monthly) 1830
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 3334 15.3
    25-34 years 3170 14.6
    35-44 years 3273 15.0
    45-54 years 2943 13.5
    55-64 years 2055 9.4
    Others 6995 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 7122 47.5
    Not Married 5903 39.3
    Defacto Relationship 1979 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 18194 87.9
    Papua New Guinea 543 2.6
    Philippines 138 0.7
    United Kingdom 696 3.4
    Other 442 2.1
    Others 682 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 137 0.7
    Christianity 15419 77.0
    Islam 61 0.3
    Other Religious Groups 71 0.4
    No Religion 4293 21.4
    Others 45 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 592 9.5
    $1,250-$1,499 580 9.3
    $1,500-$1,999 1046 16.8
    $2,000-$2,499 892 14.3
    $2,500-$2,999 571 9.2
    Others 2544 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7447 47.1
    Not in the labour force 3970 25.1
    Employed, worked part-time 3092 19.5
    Employed, away from work 750 4.7
    Unemployed, looking for work 564 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1609 14.3
    Technicians & trades workers 1906 16.9
    Community & personal service workers 1464 13.0
    Clerical & administrative workers 1788 15.8
    Sales 1278 11.3
    Others 3246 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 278 5.0
    Infants/Primary 2176 39.3
    Secondary 1643 29.7
    Technical or Further Educational Institution 425 7.7
    University or other Tertiary Institutions 909 16.4
    Others 99 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 19246 93.7
    Semi-detached, row or terrace house, townhouse 985 4.8
    Flat, unit or apartment 298 1.5
    Improvised home, tent, sleepers out 7 0.0
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2860 40.1
    Rented 2784 39.0
    Fully owned 1464 20.5
    Other tenure type 31 0.4
    Tenure Type
Census 2011, ABS
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