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 6.96% for the past year.

Investors saw the median home price rise to $472,500.

Profits due to an upward trend in home prices in the suburb averaged 0.18% per annum over a 3-year period.

WESTBROOK now ranks at the 305th 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 $405 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 69.3 days.

In 2016, 55 properties were sold in WESTBROOK during the past year, making it the 208th 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 $472,500 N/A
GROWTH REPORT
Median Quarterly 1.5% N/A
Median 12 month 6.96% N/A
Median 3 years 0.53% N/A
Median 5 years 5.59% N/A
10 years average annual 2.43% N/A
Weekly media advert. rent $405 N/A
Time on Market 69.3 days N/A
Gross Rental Yield Percent 4.46% 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

Strong take-up expected for FHB scheme

The 1 July release of 10,000 new guarantees under the First Home Loan Deposit Scheme is expected to be well received for those looking to ...

Vacancy rates hold steady

Vacancy rates hold steady

Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...

Kimberley WA

Grays makes its move in real estate

Online marketplace Grays is launching itself into the real estate and property market with the sale of land plots in Western Australia’s K...

Property market update: Sydney, June 2020

As in most parts of the world, the COVID-19 pandemic has seen vast implications for the Australian real estate. How will the NSW capital’s...

Mandurah

10 areas where property prices are falling

New research has identified the top 10 areas recording the greatest change in dwelling market values from 31 March to 31 May. ...

First Home Loan Deposit Scheme

Pros and cons of the First Home Loan Deposit Scheme

Keen buyers are urged to be cautious before jumping in to the First Home Loan Deposit Scheme. ...

Website Notifications

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