Suburb Profile Report for Freshwater QLD (4870)

Freshwater House: Median price $502,000, Annual capital growth 1.44%, Number of sales 23, Weekly median advertised rent $490

Freshwater Unit: Median price $232,000, Annual capital growth -0.07%, Number of sales 19, Weekly median advertised rent $330

  • 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
  • Unit Report

QLD has seen average median house prices change by 0.78% which means that Freshwater, 4870 has done well for property investors by showing a capital gain of -2.52% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Freshwater comes in at number 809th in QLD.

Freshwater, 4870 is offering QLD ‘s 470th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

Often selling an investment property can take time, and in Freshwater the average time real estate has been on the market is 54.4286 days.

Situated 1396.44km from the CBD, Freshwater is one of Cairns (R) localities in the postcode 4870.

Freshwater, 4870 ranked 131th in QLD when comparing growth in median property values or capital gain over the last 12 months. Freshwater is one of 2415 in our list for QLD

Freshwater,4870 has offered an average of 0.87% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -7.84% to buyers in Freshwater at the moment, which is less than average for the rest of QLD.

Freshwater is 28th on a list of best yielding suburbs for rents in QLD with a 7.40% return

Metrics i HOUSE UNIT
$502,000 $232,000
-5.28% -6.07%
-2.52% 0.87%
1.44% -0.07%
$490 $330
23 19
5.08% 7.40%
54.4285714285714 65.625

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), Good (U)
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Demographics
Total population 2103
Median household income ($/weekly) 1354
Median age of persons 39
Median housing loan repayment ($/monthly) 1700
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 290 13.8
    25-34 years 248 11.8
    35-44 years 356 16.9
    45-54 years 346 16.5
    55-64 years 293 13.9
    Others 570 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 658 43.4
    Not Married 616 40.6
    Defacto Relationship 242 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1583 79.3
    South Korea 25 1.3
    Papua New Guinea 78 3.9
    United Kingdom 145 7.3
    Other 68 3.4
    Others 97 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 2.5
    Christianity 1166 62.0
    Islam 4 0.2
    Other Religious Groups 6 0.3
    No Religion 654 34.8
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 82 10.9
    $800-$999 71 9.5
    $1,250-$1,499 78 10.4
    $1,500-$1,999 98 13.1
    $2,000-$2,499 75 10.0
    Others 345 46.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 753 47.2
    Not in the labour force 391 24.5
    Employed, worked part-time 330 20.7
    Employed, away from work 65 4.1
    Unemployed, looking for work 56 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 159 13.9
    Professionals 313 27.3
    Technicians & trades workers 144 12.6
    Community & personal service workers 134 11.7
    Clerical & administrative workers 156 13.6
    Others 239 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 34 6.9
    Infants/Primary 189 38.3
    Secondary 136 27.6
    Technical or Further Educational Institution 33 6.7
    University or other Tertiary Institutions 81 16.4
    Others 20 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1335 67.4
    Semi-detached, row or terrace house, townhouse 335 16.9
    Flat, unit or apartment 302 15.2
    House or flat attached to a shop, office 10 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 316 37.4
    Rented 280 33.1
    Fully owned 250 29.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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