Suburb Profile Report for Kirwan QLD (4817)

Kirwan House: Median price $315,000, Annual capital growth -1.00%, Number of sales 262, Weekly median advertised rent $323

Kirwan Unit: Median price $230,000, Annual capital growth -1.58%, Number of sales 25, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.82% which means that Kirwan, 4817 has done well for property investors by showing a capital gain of -3.08% over the last year

Kirwan,4817 was ranked 3377 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Kirwan is offering property investors an average of -2.72. This rate of discount on properties puts Suburb at number 23th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Kirwan the average time real estate has been on the market is 34.91 days.

A $322.5 per week rent on the median house gives suburb investors a gross yield of circa 5.32%, without taking into account capital value appreciation, which has been averaging out at -1.00%.

At number 1196th in the list of Australian suburbs ordered by increase in median house value over the last year, Kirwan, 4817 is in the BOTTOM 40% with a property value increase of -0.76% recorded in median house prices.

The five-year average increase in median property values for Kirwan,4817 has given property investors a potential capital gain of -14.50% across each of those five years.

Property investors should expect to get $280 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$315,000 $230,000
-1.56% -5.35%
-3.08% -0.76%
-1.00% -1.58%
$323 $280
262 25
5.32% 6.33%
34.91 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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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