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West Woombye, QLD 4559
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,615,000
market range $1.6M-$1.6M
Median Unit
$660,000
Gross Yield (units)
5.2%
1yr Growth (houses)
+12.7%
market range +5.0% to +27.5%
Investment snapshot for West Woombye
West Woombye has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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West Woombye market and investor summary
In West Woombye, QLD 4559, the median house sells for around $1.6M. House prices have moved +12.7% over the past year. At 0.3% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.
Living in West Woombye: people, income and schools
West Woombye has a resident population of roughly 1,083, and the area has been growing steadily, up about 11% over five years. At a median age of 47, it reads as skewed a little older, and 86% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $110,000 a year (about $2,120 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 14.7 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Families have 10 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 1,083
- +11% over 5yr
- Median age
- 47 years
- Median household income
- $110,000/yr
- Households renting
- 11%
- Family households
- 87%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 10
- avg ICSEA 1065
- Unemployment
- 5.9%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in West Woombye
View all →Frequently asked questions about West Woombye
What should I check before investing in West Woombye?
West Woombye has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +12.7% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in West Woombye?
The median property price in West Woombye, QLD 4559 is $1.6M for houses and $660K for units.
What rental yield does West Woombye show?
The gross rental yield in West Woombye is 5.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for West Woombye?
House prices in West Woombye are up 12.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in West Woombye?
The current vacancy rate in West Woombye is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in West Woombye?
West Woombye has a population of approximately 1,083 residents, with a median age of 47.
What schools are near West Woombye?
There are 10 schools within roughly 5km of West Woombye. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is West Woombye affordable to buy in?
A median house in West Woombye costs about 14.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is West Woombye's population growing?
The population of West Woombye has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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