Silkwood
QLD, 4856
-
Cassowary Coast
Thinking about buying in Silkwood? Now could not be a better time, with just 437 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $419,000 with prices in this suburb ranging from $35,000 to $1,091,000. Silkwood is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $252.50 |
| Median Monthly Mortgage | $892.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.50 |
| Average Age | 45.50 |
| Average Income | $595.50 |
| Average Cars Per Dwelling | 2.31 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 1 Bed $291,000 |
| 2 Bed $353,000 |
| 3 Bed $410,000 |
| 4 Bed $451,000 |
| 6 Bed+$801,000 |
Silkwood Real Estate Market Outlook
In Silkwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Silkwood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Silkwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Silkwood 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. Lower than average industry presence in Silkwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Silkwood a better buying opportunity than it may have been in the past.
Houses for sale Silkwood
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8 MARGARET ST, SILKWOOD, QLD, 4856 |  4 |
 2 |
 2 |
Dual Living Oasis,1,214 sqm, Pool, Shed, Solar.. |
Local Schools
St John's School
Silkwood State School
(While the above schools are located with the suburb of Silkwood there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Silkwood weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 16.4 | 23.3 | 31.5 | 61.7 | 96.5 | 1.9 | 21.6 |
| Feb | 14.7 | 23.2 | 31.8 | 55.0 | 88.3 | 1.7 | 20.7 |
| Mar | 20.2 | 23 | 30.5 | 61.2 | 92.0 | 1.9 | 19.0 |
| Apr | 9.6 | 21.2 | 28.7 | 60.9 | 93.5 | 2.3 | 17.3 |
| May | 9.7 | 19.3 | 26.4 | 65.2 | 96.3 | 2.4 | 15.1 |
| Jun | 6.2 | 17.1 | 24.8 | 63.4 | 96.4 | 2.3 | 14.4 |
| Jul | 4.7 | 16.3 | 24.5 | 60.2 | 96.4 | 2.2 | 15.5 |
| Aug | 2.8 | 15.5 | 25.5 | 53.3 | 96.6 | 2.1 | 17.8 |
| Sept | 2.7 | 17.3 | 27.4 | 53.0 | 96.2 | 2.2 | 21.2 |
| Oct | 3.8 | 19.2 | 29.0 | 53.4 | 95.8 | 2.2 | 23.6 |
| Nov | 3.1 | 21.1 | 30.6 | 50.2 | 88.9 | 2.1 | 25.2 |
| Dec | 8.8 | 22.5 | 31.4 | 52.5 | 88.1 | 2.1 | 24.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Innisfail - Greater then 10KM
General Points of Interest
El Arish Country Club - Less than 10 KM
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