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Withcott, QLD 4352

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Withcott, QLD 4352 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Withcott, QLD 4352”

  1. The total adult population (15 years or older) of Withcott 4352 QLD is 1,572, with a median age of 37. Of those, 57.82% are married, 12.15% are divorced or separated, 27.48% are single and 2.99% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $8,956. The median monthly mortgage repayment for households in this suburb is $1,653 which is 18.46% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Queensland, the suburb of Withcott (4352) is home to an approximate 903 households. As we head into Q3 of 2023, property market statistics reveal that the typical price for houses in Withcott stands at an average of $699,147. With a median weekly rent valued at $546, returns on investment are promisingly high, shown by an indicative yield of 4.06%. This yield exceeds the minimum market requirement of 3%, making Withcott attractive to cash-flow centered property investors.

    The socio-economic state of Withcott is strong. It boasts an impressive IRSAD score of 1006 out of a possible 1217, indicating the residents have a high level of access to economic and social resources.

    Diving deeper into the character of the housing market, the renter to owner ratio is at a low 11%. This suggests that this market is not oversaturated with rental properties, thus investors face less competition and can potentially enjoy higher returns in the long term. Further enforcing its appeal, Withcott boasts a unit to houses ratio of 0%, indicating a market that is not overwhelmed by unit offerings. This demographic composition makes the suburb attractive to families, possibly resulting in longer tenancy periods.

    The estimated duration required to fully own a property in Withcott is 31 years which sits on the border of the affordability index, factoring in variables such as current interest rates, median family income, and typical property prices in the area.

    The suburb’s housing market indicates a healthy supply with a stock on market Percentage of 0.44% and an inventory level of 1.66 months, which echo favourable low supply conditions. The absence of new building approvals (BA Ratio at 0.0%) could further suggest a low supply in future, further fueling potential competition and price increases.

    The demand side metrics also paint a favourable picture for investors. Houses spend approximately 12 days on the market, suggesting a high demand. The vacancy rate of 1.03% comparing favourably to the ideal of 1%, indicates a high demand with little supply, which ideally could allow landlords to charge higher rents. The buy search index for houses stands at 5, signifying demand is at average levels compared to the state/city.

    In conclusion, Withcott’s property market shows promising signs for potential investors, managing to strike a healthy balance between supply and demand. However, ongoing monitoring of these property market metrics is crucial to ensure favourable investing conditions persist. The use of tools such as HtAG Analytics’ RCS could prove helpful in automating much of this research with over 80 metrics taken into consideration.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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