Located in Queensland within the Somerset local government area, Woolmar is a close-knit residential community (postcode 4515). It is home to about 565 residents, with an established family demographic and a median age of 38. Households earn a median income of $77K per year, with an average household size of 3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, professionals. Employment in the area leans toward manufacturing and education. The top ancestries reported are English, Australian, Filipino.
The median weekly rent is $380 (Census 2021). The median monthly mortgage repayment is $1,517.
The crime rate in the Somerset LGA is moderate at 4,695 incidents per 100,000 population.
From an investment perspective, Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.