Suburb Profile Report for Perth TAS (7300)

Perth House: Median price $310,000, Annual capital growth 3.57%, Number of sales 40, Weekly median advertised rent $303

Perth Unit: Median price $229,200, Annual capital growth 1.33%, Number of sales 13, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Perth, 7300 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 16.54%.

Perth,7300 was ranked 1261 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Perth are currently offering property investors an average price cut of -7.03% below the asking price at the moment.

A $302.5 per week rent on the median house gives suburb investors a gross yield of circa 5.07%, without taking into account capital value appreciation, which has been averaging out at 3.57%.

If you compare the increase in value of investment property in Perth, 7300 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 14.60%.

If we look at median property appreciation over just the last three months, Perth has given property investors a paper return of 6.60%. This puts Suburb as 11 on a list of fastest fasting appreciating suburbs in TAS

Property investors looking for a bargain in Perth should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.67%, without taking into account capital value appreciation, which has been averaging out at 1.33%.

Metrics i HOUSE UNIT
$310,000 $229,200
2.82% 6.60%
16.54% 14.60%
3.57% 1.33%
$303 $250
40 13
5.07% 5.67%
92.77 69.27

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2566
Median household income ($/weekly) 1015
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 340 13.3
    25-34 years 316 12.3
    35-44 years 362 14.1
    45-54 years 382 14.9
    55-64 years 336 13.1
    Others 830 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 1005 54.0
    Not Married 625 33.6
    Defacto Relationship 230 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2257 91.7
    New Zealand 14 0.6
    Papua New Guinea 25 1.0
    United Kingdom 94 3.8
    Other 25 1.0
    Others 47 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1721 72.5
    No Religion 640 26.9
    Islam 8 0.3
    Other Religious Groups 6 0.3
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 141 15.9
    $600-$799 94 10.6
    $800-$999 91 10.2
    $1,250-$1,499 92 10.4
    $1,500-$1,999 127 14.3
    Others 343 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 739 37.9
    Not in the labour force 671 34.4
    Employed, worked part-time 405 20.8
    Employed, away from work 75 3.9
    Unemployed, looking for work 58 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 199 16.3
    Clerical & administrative workers 185 15.2
    Sales 135 11.1
    Machinery operators & drivers 138 11.3
    Labourers 161 13.2
    Others 402 33.0
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.7
    Infants/Primary 251 44.4
    Secondary 148 26.2
    Technical or Further Educational Institution 57 10.1
    University or other Tertiary Institutions 55 9.7
    Others 16 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2323 95.8
    Semi-detached, row or terrace house, townhouse 53 2.2
    Flat, unit or apartment 41 1.7
    House or flat attached to a shop, office 5 0.2
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 449 46.9
    Fully owned 319 33.3
    Rented 183 19.1
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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