Suburb Profile Report for Perth WA (6000)

Perth House: Median price $775,000, Annual capital growth 6.05%, Number of sales 34, Weekly median advertised rent $550

Perth Unit: Median price $430,000, Annual capital growth 2.28%, Number of sales 215, Weekly median advertised rent $470

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

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Perth has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -9.36% to date .

Perth,6000 has offered an average of -9.36% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Perth are currently offering property investors an average price cut of -6.71% below the asking price at the moment.

Residents and property investors in Perth have been waiting around 89.06 days to sell a property.

Perth, 6000’s gross rental yield is 3.69%

If you compare the increase in value of investment property in Perth, 6000 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -7.58%.

Comparing Perth,6000 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors looking for a bargain in Perth should be aiming for at least -7.98% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 0.92km from the CBD, Perth is one of Perth localities in the postcode 6000.

Garry Bishop Information supplied by:

Garry Bishop
Homestead Realty

M 92276488
O 0414825855

W www.homesteadrealty.com.au
E garry@homesteadrealty.com.au
“Perth” is located on the inner eastside of the city – Established CIRCA 1860 onwards. Is not part of the CBD as people often think.

Giving property investors a an average capital gain of 2.86% for the last year, Perth, 6000 is the 1636th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Perth,6000 has racked up an average of 2.86% over the period. This ranks it number 1751th in the whole country for real estate investors looking at median house price increases.

Perth6000 is located in WA which offers an average discount of -9.49% to property investors. Perth itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.

Situated 1.21km from the CBD, Perth is one of Perth localities in the postcode 6000.Full summary
“Perth” is located on the inner eastside of the city – Established CIRCA 1860 onwards. Is not part of the CBD as people often think. 
 
Giving property investors a an average capital gain of 2.86% for the last year, Perth, 6000 is the 1636th highest performer in Australia in this respect.
 
Taking the average capital gain, or increase in median house value, Perth,6000 has racked up an average of 2.86% over the period. This ranks it number 1751th in the whole country for real estate investors looking at median house price increases.
 
Perth6000 is located in WA which offers an average discount of -9.49% to property investors. Perth itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.
 
Situated 1.21km from the CBD, Perth is one of Perth localities in the postcode 6000.
 
 
Selling points: Hyde Park, proximity to William St, Asian restaurants and Beaufort Street eateries, the CBD and Northbridge. 
 
Most sought-after properties: Grand homes in Glendower St opposite Hyde Park,” Baker” Terraces in Lake Street.
 
Most common properties: Character Homes and Terraces, Apartments.
 
Top amenities: Access to Restaurants Hyde Park, CBD
 
Local industry and business: Retail, Restaurants, Cafes and Bars.
 
Recent changes: Urban infill and rejuvenation of large sites into apartments. 
 
Best streets: Glendower, Throssell and Lake Street 
 
Public transport: Bus 
 
Main arteries: William, Beaufort and Fitzgerald 
Close
HOUSE UNIT
$775,000 $430,000
-9.36% -2.27%
-9.36% -7.58%
6.05% 2.28%
$550 $470
34 215
3.69% 5.68%
89.06 106.12

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 9236
Median household income ($/weekly) 1749
Median age of persons 31
Median housing loan repayment ($/monthly) 2473
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 1187 12.9
    25-34 years 3369 36.5
    35-44 years 1402 15.2
    45-54 years 1003 10.9
    55-64 years 808 8.7
    Others 1468 15.9
    Age Group
    Census Count Percent(%)
    Not Married 3422 53.1
    Registered Married 1820 28.3
    Defacto Relationship 1199 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3381 42.6
    Italy 311 3.9
    Papua New Guinea 307 3.9
    United Kingdom 837 10.6
    Other 847 10.7
    Others 2248 28.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 500 6.5
    Christianity 3720 48.7
    Hinduism 245 3.2
    Islam 256 3.4
    No Religion 2796 36.6
    Others 117 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 237 6.8
    $1,250-$1,499 298 8.6
    $1,500-$1,999 484 13.9
    $2,000-$2,499 268 7.7
    $2,500-$2,999 658 19.0
    Others 1525 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4047 54.5
    Not in the labour force 1675 22.5
    Employed, worked part-time 1130 15.2
    Unemployed, looking for work 302 4.1
    Employed, away from work 276 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 808 14.8
    Professionals 1989 36.5
    Technicians & trades workers 629 11.5
    Community & personal service workers 479 8.8
    Clerical & administrative workers 694 12.7
    Others 857 15.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 169 11.1
    Secondary 114 7.5
    Technical or Further Educational Institution 290 19.0
    University or other Tertiary Institutions 741 48.7
    Other type of educational institution 179 11.8
    Others 30 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4431 62.8
    Semi-detached, row or terrace house, townhouse 1367 19.4
    Separate house 1217 17.2
    House or flat attached to a shop, office 42 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2332 61.8
    Being purchased 919 24.4
    Fully owned 507 13.4
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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