West End’s community and culture has attracted young professionals to reside in the suburb. While Brisbane’s stability and higher demand from renters has also attracted residential property investors. But what is the profile of West End's residents? In summary it is young, determined and diverse in backgrounds.
West End as a suburb is a largely rented area. In 2016, prior to the recent construction boom in the area, 57.5% of Census respondents said they were renting their homes.
According to ABS, in 2016 the median weekly rent was $450. While recent Realestate.com.au’s data has told us that the average throughout the suburb is now it is $570.
In 2016, the weekly household income of West End residents was $1,880, above the averages of both Queensland ($1,402) and Australia ($1,438). With recent wage growth in Queensland, it is expected that these figures will have all grown.
In 2016, residents aged between 20 and 34 made up of 32.2% of West End’s population. Realestate.com.au’s data tells us that 28.6% of West End residents are classed as Independent Youth. Realestate.com.au define “Independent Youth” as Couples, Singles and Home sharers under 35.
ABS stated that 45% of the population had attained a Bachelor Degree level education or above. The area is also filled with hard workers. While 42.4% were professionals, 47.7% worked 40 or more hours each week.
West End is known to be a multicultural area, with a diverse range of ancestry and birth countries. In 2016, 27.7% of households spoke a language other than English at home.
In 2016, residents of West End were also people with social consciousness. 24.3% did voluntary work in the 12 months prior to completing the survey in 2016.
There you have it. The most recent summary of the demographics and a brief introduction to the psychographics of West End. Of course, that said, West End will always continue to change and transform as new people discover the suburb and make it their home.