You are reading Fortitude Valley ancestry profile
Fortitude Valley suburb profile: Fortitude Valley has a high percentage of people from English background. In fact a total of 1,917 have reported to have one or two parents of English background. Thereafter, the next most common ancestry reported is Australian, with a total of 1,313 people reporting to have one or two parents from Australian background. Further, the third most common ancestry reported in Fortitude Valley is Irish with a reported number of 803 residents reporting parents from this background.
Finally, the forth and fifth most reported ancestries are Scottish and Chinese reporting respectively 595 and 403. You can obtain further details by heading to HTML: https://securedatapower.com/blog/2019/02/16/interactive-suburb-profile/.
For example, below graph depicts the ancestries reported in this subrub:
Income and wealth profile for Fortitude Valley
From the wealth perspective Fortitude Valley can be considered a high income level suburb. While the majority of people in this suburb earn in vicinity of $1,000-$1,249. That is not to say, that all people have to be in that income bracket. For example, we estimate that roughly 9.39% of people in this suburb earn above average income. In other words, we estimate that to be over $3,000 Total Personal Income (Weekly).
At the same time, 22.63% of people in this suburb earn the bottom range of income. To clarify, we estimate that to be in surrounds of $1,000-$1,249 of Total Personal Income (Weekly).
For example, below graph would show the distribution of income in the area:
Generally speaking, the income composition of this suburb could mean that this suburb has a chance of average to high capital gains in medium to long term. This is however is not a blanket statement and each property needs to be analysed. Property investors are cautioned to perform appropriate due diligence and analyse the type, location and suitability of their property of choice To request further information, you can head to https://securedatapower.com/blog/2019/01/02/general-contact-form/
Below table will show the top most reported ancestry backgrounds in Fortitude Valley
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