Powered by MOMENTUM MEDIA
AREA REPORTS

Westbrook

Suburb Profile

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

house

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 7.82% for the past year.

Investors saw the median home price rise to $479,000.

Profits due to an upward trend in home prices in the suburb averaged 0.71% per annum over a 3-year period.

WESTBROOK now ranks at the 390th 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 high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $430 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 75.6 days.

In 2016, 56 properties were sold in WESTBROOK during the past year, making it the 213th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $479,000 N/A
GROWTH REPORT
Median Quarterly 1.27% N/A
Median 12 month 7.82% N/A
Median 3 years 2.13% N/A
Median 5 years 4.7% N/A
10 years average annual 2.02% N/A
Weekly media advert. rent $430 N/A
Time on Market 75.6 days N/A
Gross Rental Yield Percent 4.67% N/A
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

Subscribe to get the latest news and updates

Latest figures in on foreign buyer activity

Freshly released data has shown where the majority of foreign buyer transactions are coming from. ...

‘Time-limited’ opportunity in Perth market available for astute buyers

Perth’s affordability and high rental yield offer a window of opportunity for property buyers, but it could be limited as stock in establi...

‘Strong seller’s market’ pinpointed in Adelaide

‘Strong seller’s market’ pinpointed in Adelaide

Agents based in the city of churches are witnessing what’s being dubbed a strong seller’s market as buyers look to take advantage of eme...

Investor shares why now is a great time to buy

Investor shares why now is a great time to buy

An Aussie property investor has unveiled how investing during the COVID-19 pandemic is set to pay off in spades. ...

Melbourne surpasses Sydney with highest vacancy rate

Melbourne surpasses Sydney with highest vacancy rate

Most capital cities recorded declines in vacancy rates over September except Melbourne, which now records the highest vacancy rate across th...

Melbourne

Melbourne moves towards ‘normal’

The Real Estate Institute of Victoria (REIV) has welcomed the Victorian Premier’s indication that private inspections for the purchase or ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.