Thinking about buying in Lutwyche? Now could not be a better time, with 4391 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $812,000 with prices in this suburb ranging from $250,000 to $7,067,000. Lutwyche is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $377.50 |
Median Monthly Mortgage | $1882.50 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 2.00 |
Average Age | 30.50 |
Average Income | $1010.50 |
Average Cars Per Dwelling | 1.28 |
Average Properties Within 50M | 75 |
1 Bed  $418,000 |
2 Bed  $572,000 |
3 Bed  $1,196,000 |
4 Bed  $1,526,000 |
5 Bed  $2,051,000 |
6 Bed+$1,371,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Lutwyche are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Lutwyche classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Lutwyche requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
unit 25, 23 fuller st, lutwyche, qld, 4030 | 2 | 2 | 1 | Offers over $699,000! | |
apartment 13, 21 high st, lutwyche, qld, 4030 | 1 | Offers over $890,000 | |||
unit 205, 50 lamington av, lutwyche, qld, 4030 | 1 | 1 | 1 | 200000 | |
unit 303, 109 chalk st, lutwyche, qld, 4030 | 1 | 1 | 1 | 550000 |
Wooloowin State School
Kedron State High School
Holy Cross School
Windsor State School
St Mary of the Cross School
St Columba's Primary School
Kedron State School
Wilston State School
St Anthony's School
Mount Alvernia College
(While the above schools are located with the suburb of Lutwyche there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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