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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

At Realty 8 margaret st, silkwood, qld, 4856 Beds4 Bathrooms2 Parking 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

We are currently collecting information for this location.

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
Jan16.423.331.561.796.51.921.6
Feb14.723.231.855.088.31.720.7
Mar20.22330.561.292.01.919.0
Apr9.621.228.760.993.52.317.3
May9.719.326.465.296.32.415.1
Jun6.217.124.863.496.42.314.4
Jul4.716.324.560.296.42.215.5
Aug2.815.525.553.396.62.117.8
Sept2.717.327.453.096.22.221.2
Oct3.819.229.053.495.82.223.6
Nov3.121.130.650.288.92.125.2
Dec8.822.531.452.588.12.124.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

No 5 BranchGoolbooDavesonJaffaMccutcheonWalter Lever EstateNo 4 BranchCowley CreekEl ArishWarrubullen

Public Transport


General Points of Interest

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