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North Ward
AREA REPORTS

North Ward

North Ward - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4810

house
unit

A 28.8% increase in median property prices in NORTH WARD, 4810 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 19th.

A steady increase in median property prices over a five-year period in the suburb translates to a 32.11% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $720,000

The augmented property values in the suburb are trailing above the territorial average of 5.85% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $385.

Home owners selling their properties and realtors in NORTH WARD usually have to wait an average of 82.8 days days before their assets are lifted off the market.

The QLD suburb ranks 760th on the list of best yielding suburbs for rental properties in QLD, posting a 2.78% return.

It also places places 817th in Australia based on median property value growth during the quarter.

Data report can be found below

North Ward
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $720,000 $281,000
GROWTH REPORT
Median Quarterly -3.03% -2.26%
Median 12 month 28.8% 2.18%
Median 3 years 32.11% 5.34%
Median 5 years 4.35% -11.36%
10 years average annual 1.96% -2.2%
Weekly media advert. rent $385 $295
Time on Market 82.8 days 85.5 days
Gross Rental Yield Percent 2.78% 5.46%
demographics (median values)*
Total Population
4682
Weekly Household Income
1080
Household Size
1.90
Age
33
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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