Suburb Profile Report for Glendalough WA (6016)

Glendalough Unit: Median price $320,000, Annual capital growth 2.41%, Number of sales 32, Weekly median advertised rent $300

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

Source: CoreLogic

  • Unit Report

Investment property in Glendalough has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.67%

Taking the average capital gain, or increase in median house value, Glendalough,6016 has racked up an average of 6.67% over the period. This ranks it number 1381th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Glendalough is offering property investors an average of -8.20. This rate of discount on properties puts Suburb at number 57th in terms of most discounted suburbs in WA

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.41%, investors should hope to achieve an overall return of 4.88%

HOUSE UNIT
N/A $320,000
N/A 3.23%
N/A 6.67%
N/A 2.41%
N/A $300
N/A 32
N/A 4.88%
N/A 69.61

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2202
Median household income ($/weekly) 1001
Median age of persons 32
Median housing loan repayment ($/monthly) 1625
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 278 12.6
    25-34 years 702 31.9
    35-44 years 291 13.2
    45-54 years 178 8.1
    55-64 years 217 9.9
    Others 537 24.4
    Age Group
    Census Count Percent(%)
    Not Married 944 57.8
    Registered Married 504 30.8
    Defacto Relationship 186 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 844 43.9
    Indonesia 292 15.2
    Papua New Guinea 58 3.0
    United Kingdom 130 6.8
    Other 223 11.6
    Others 377 19.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 4.6
    Christianity 905 48.5
    Hinduism 273 14.6
    Islam 61 3.3
    No Religion 512 27.4
    Others 30 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 94 10.2
    $600-$799 103 11.2
    $800-$999 88 9.6
    $1,000-$1,249 100 10.9
    $1,500-$1,999 112 12.2
    Others 424 46.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 717 42.6
    Not in the labour force 455 27.0
    Employed, worked part-time 378 22.4
    Employed, away from work 71 4.2
    Unemployed, looking for work 64 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 268 23.0
    Technicians & trades workers 148 12.7
    Community & personal service workers 145 12.4
    Clerical & administrative workers 174 14.9
    Labourers 172 14.7
    Others 260 22.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 63 14.1
    Secondary 39 8.7
    Technical or Further Educational Institution 102 22.8
    University or other Tertiary Institutions 189 42.3
    Other type of educational institution 40 8.9
    Others 14 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 939 50.5
    Semi-detached, row or terrace house, townhouse 728 39.2
    Separate house 189 10.2
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 578 59.3
    Being purchased 248 25.5
    Fully owned 145 14.9
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals