Suburb Profile Report for Jolimont WA (6014)

Jolimont Unit: Median price $376,000, Annual capital growth 4.99%, Number of sales 21, Weekly median advertised rent $320

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

Source: CoreLogic

  • Unit Report
  • Expert Report

Jolimont, 6014 ranked 92th in WA when comparing growth in median property values or capital gain over the last 12 months. Jolimont is one of 1662 in our list for WA

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jolimont has increased when compared to the 5 year average annual rate.

Jolimont, 6014 is offering WA ‘s 12th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.

The WA suburb of Jolimont, 6014 is in the Subiaco local government area.

YIP MAG Information supplied by:

YIP MAG
April 2016

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In Perth’s inner west, recent years haven’t been kind to the unit market of JolimontFull summary In Perth’s inner west, recent years haven’t been kind to the unit market of Jolimont.

While the current median unit price of $380,000 may seem relatively healthy, it’s currently 38% lower than it was five years ago.

The rate of price decline has appeared to slow somewhat more recently, with prices having fallen by only 2% in the past three years.

Jolimont does have some qualities that could continue to help it turn around its soft performance.

It is home to a number of sporting and healthcare facilities.

Jolimont Primary School is in the suburb’s south, while the Perth CBD is only a short drive away.

Subiaco and Daglish train stations provide great public transport links to the rest of the city.

With an average weekly rent of $350, units in Jolimont are returning rental yields of 5% currently.Close
HOUSE UNIT
N/A $376,000
N/A 0.27%
N/A -12.56%
N/A 4.99%
N/A $320
N/A 21
N/A 4.43%
N/A 84.09

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 1200
Median household income ($/weekly) 998
Median age of persons 46
Median housing loan repayment ($/monthly) 1975
Average household size 1.7
  • Census Count Percent(%)
    25-34 years 188 15.7
    35-44 years 128 10.7
    55-64 years 115 9.6
    65-74 years 159 13.2
    75-84 years 187 15.6
    Others 424 35.3
    Age Group
    Census Count Percent(%)
    Not Married 526 53.0
    Registered Married 396 39.9
    Defacto Relationship 70 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 749 65.4
    Indonesia 26 2.3
    Papua New Guinea 37 3.2
    United Kingdom 111 9.7
    Other 72 6.3
    Others 150 13.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 2.1
    Christianity 709 64.2
    Hinduism 13 1.2
    Islam 34 3.1
    No Religion 323 29.2
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 54 8.9
    $400-$599 70 11.5
    $600-$799 77 12.7
    $800-$999 68 11.2
    $1,000-$1,249 63 10.4
    Others 275 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 460 44.2
    Employed, worked full-time 344 33.0
    Employed, worked part-time 190 18.3
    Employed, away from work 27 2.6
    Unemployed, looking for work 20 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 67 12.0
    Professionals 234 41.8
    Community & personal service workers 47 8.4
    Clerical & administrative workers 72 12.9
    Labourers 43 7.7
    Others 97 17.3
    Occupation
    Census Count Percent(%)
    Pre-school 12 6.0
    Infants/Primary 37 18.5
    Secondary 34 17.0
    Technical or Further Educational Institution 23 11.5
    University or other Tertiary Institutions 83 41.5
    Others 11 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 606 54.3
    Separate house 385 34.5
    Semi-detached, row or terrace house, townhouse 125 11.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 233 36.6
    Other tenure type 176 27.7
    Fully owned 143 22.5
    Being purchased 84 13.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals