Fraud Blocker

Wulkuraka, QLD 4305

Home » QLD Real Estate Data » Ipswich City, QLD » Wulkuraka, QLD 4305

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 Wulkuraka, QLD 4305 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Wulkuraka, QLD 4305”

  1. The total adult population (15 years or older) of Wulkuraka 4305 QLD is 984, with a median age of 28. Of those, 31.30% are married, 17.38% are divorced or separated, 48.27% are single and 4.17% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $7,196. The median monthly mortgage repayment for households in this suburb is $1,300 which is 18.07% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Wulkuraka, with the postcode of 4305, can be found in Queensland and is expected to have about 629 households. By the third quarter of 2023, the typical pricing for homes in Wulkuraka 4305 is marked at $507,561, a figure accompanied by a median weekly rent of $462. These factors combined produce an indicative yield of a healthy 4.73%, significantly above the minimum attractive market requirement of 3% for cashflow-focused property investors.

    In terms of the area’s socio-economic conditions, the suburb boasts an IRSAD score of 901 out of 1217, indicating a positive social and economic standing of the local population. However, the renter to owner ratio stands at a slightly concerning 53%, which is above the preferable range. This could mean a higher competition for landlords in the rental market and a reduction in the overall appeal and stability of the local neighbourhood.

    When looking at the composition of housing, the area presents a solid balance, with units only making up 3% of dwellings, which bodes well for reducing competition among landlords and attracting longer-term tenants. The affordability aspect is also favourable, with an index of 28 years – comfortably within the standard 30-year mortgage period.

    The supply metrics in Wulkuraka offer mixed signals to the prospective investor. The stock on the market percentage for houses is at a neutral 0.65%, while inventory levels for the houses fall on the favourable side, sitting at a short 1.33 months. A low building approval ratio of 0%, meanwhile, signifies a low flow of new stock into the market.

    The average number of days on the market for houses is higher than preferred at 47 days, indicating a somewhat slower demand. The vacancy rate, indicating the supply versus demand balance in the rental market, stands at a neutral level of 1.81%.

    Finally, the buy search index matches the state/city average with a score of 5. This does not signify limited demand and confirms the neutral-to-decent interest from prospective buyers in the Wulkuraka property market.

    In summary, understanding the metrics and the nuances of the Wulkuraka property market is key in making well-informed investment decisions. Including the RCS (Relative Composite Score) in your research, a metric developed by HtAG Analytics that encompasses over 80 different measurements, can help provide a more comprehensive picture. While Wulkuraka presents some challenges with the renter to owner ratio and moderately extended length on the market, it carries attractive indicative yield numbers and favorable supply metrics. This, coupled with a balanced housing composition and good affordability, makes the area a property market to keep on the radar.

    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.

Leave a comment