Suburb Profile Report for Doubleview WA (6018)

Doubleview House: Median price $737,000, Annual capital growth 2.31%, Number of sales 194, Weekly median advertised rent $470

Doubleview Unit: Median price $406,500, Annual capital growth 1.47%, Number of sales 24, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Doubleview, 6018 have given investors a capital gain of 2.36%. This compares very favourably with the -3.78% for WA as a whole.

Over the longer term, Doubleview has seen property prices show investors a 1.66% return over the last 3 years. This is an improvement over the last 12 months

Doubleview, 6018 is offering WA ‘s 345th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this WA.

Using the current median advertised rental of $470 and the average annual increase in value of a median property of 2.31%, investors should hope to achieve an overall return of 3.32%

Doubleview has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -23.30% to date .

While Doubleview,6018 ranked number 101th in WA for increase in median house value (annualised) increase, it is ranked 60th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Doubleview, 6018. Typically our figures indicate that -8.99% is being offered, which puts this WA suburb at 111th most discounted overall in Australia.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 1.47%, investors should hope to achieve an overall return of 4.48%

Metrics i HOUSE UNIT
$737,000 $406,500
0.68% -14.78%
2.36% -23.30%
2.31% 1.47%
$470 $350
194 24
3.32% 4.48%
64.59 82.54

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 7575
Median household income ($/weekly) 1709
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 861 11.4
    25-34 years 1377 18.2
    35-44 years 1209 16.0
    45-54 years 1003 13.2
    55-64 years 720 9.5
    Others 2405 31.7
    Age Group
    Census Count Percent(%)
    Not Married 2473 44.4
    Registered Married 2417 43.4
    Defacto Relationship 679 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5062 71.5
    Papua New Guinea 221 3.1
    South Africa 152 2.1
    United Kingdom 621 8.8
    Other 324 4.6
    Others 698 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 1.5
    Christianity 4468 65.8
    Hinduism 83 1.2
    Islam 41 0.6
    No Religion 2041 30.0
    Others 60 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 218 8.3
    $1,500-$1,999 296 11.2
    $2,000-$2,499 228 8.6
    $2,500-$2,999 351 13.3
    $3,000-$3,499 256 9.7
    Others 1289 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2582 44.8
    Not in the labour force 1549 26.9
    Employed, worked part-time 1205 20.9
    Employed, away from work 259 4.5
    Unemployed, looking for work 167 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 558 13.8
    Professionals 1317 32.5
    Technicians & trades workers 549 13.6
    Clerical & administrative workers 542 13.4
    Sales 348 8.6
    Others 737 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 112 6.7
    Infants/Primary 551 33.0
    Secondary 414 24.8
    Technical or Further Educational Institution 140 8.4
    University or other Tertiary Institutions 400 23.9
    Others 54 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5388 76.5
    Semi-detached, row or terrace house, townhouse 1246 17.7
    Flat, unit or apartment 408 5.8
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1096 37.6
    Rented 1051 36.1
    Fully owned 751 25.8
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals