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Withcott
AREA REPORTS

Withcott

Withcott - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4352

house

Property investors enjoyed capital gains of 15.07% over the last 12 months in WITHCOTT, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 31.26% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $485 based on current median home prices for the suburb.

On average, rents on listings have reached the $485 mark, reflecting a 4.6% increase in returns based on the current median price in WITHCOTT.

WITHCOTT, 4352 ranks 706th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 309th on the list of best yielding suburbs for rental properties in QLD, posting a 4.6% return.

Data report can be found below

Withcott
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $548,000 N/A
GROWTH REPORT
Median Quarterly 1.48% N/A
Median 12 month 15.07% N/A
Median 3 years 31.26% N/A
Median 5 years 27.44% N/A
10 years average annual 5.14% N/A
Weekly media advert. rent $485 N/A
Time on Market 32.6 days N/A
Gross Rental Yield Percent 4.6% N/A
demographics (median values)*
Total Population
1572
Weekly Household Income
1143
Household Size
3.00
Age
37
Monthly Loan Repayment
986
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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