QLD/
Westbrook

Suburb Profile

Westbrook - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4350

house
unit

WESTBROOK, 4350 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling WESTBROOK, 4350 values up and netting property investors a capital gain of 3.3% for the past year.

Investors saw the median home price rise to $470,000.

Profits due to an upward trend in home prices in the suburb averaged 2.76% per annum over a 3-year period.

WESTBROOK now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WESTBROOK are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $395 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WESTBROOK, homes and units usually stay on listing for an average of 101.3 days.

In 2016, 71 properties were sold in WESTBROOK during the past year, making it the 98th most active market in QLD based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $470,000 $319,750
GROWTH REPORT
Median Quarterly 0% -1.62%
Median 12 month 3.3% N/A
Median 3 years 8.29% 6.94%
Median 5 years 15.48% N/A
10 years average annual 3.19% N/A
Weekly media advert. rent $395 $290
Time on Market 101.3 days 0.0 days
Gross Rental Yield Percent 4.37% 4.72%
demographics (median values)
Total Population
2283
Weekly Household Income
1209
Household Size
3.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories