Suburb Profile Report for Doubleview WA (6018)

Doubleview House: Median price $729,500, Annual capital growth 2.02%, Number of sales 202, Weekly median advertised rent $470

Doubleview Unit: Median price $420,000, Annual capital growth 1.62%, Number of sales 28, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2732th in the list of Australian suburbs ordered by increase in median house value over the last year, Doubleview, 6018 is in the BOTTOM 40% with a property value increase of 2.03% recorded in median house prices.

If we look at median property appreciation over just the last three months, Doubleview has given property investors a paper return of -1.88%. This puts Suburb as 247 on a list of fastest fasting appreciating suburbs in WA

LACK OF BUYER INTEREST may well be the reason that Doubleview is offering property investors an average of -8.17. This rate of discount on properties puts Suburb at number 347th in terms of most discounted suburbs in WA

Often selling an investment property can take time, and in Doubleview the average time real estate has been on the market is 60.87 days.

With the median price for a house in Doubleview being $729500 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.35%

With a capital gain of -19.42% for the last 12 months, Doubleview, 6018 has performed for property investments than its average annual 1.62% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Doubleview,6018 has racked up an average of -19.42% over the period. This ranks it number 1697th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Doubleview are currently offering property investors an average price cut of -9.22% below the asking price at the moment.

Often selling an investment property can take time, and in Doubleview the average time real estate has been on the market is 81.4 days.

The WA suburb of Doubleview, 6018 is in the Stirling local government area.

Metrics i HOUSE UNIT
$729,500 $420,000
-1.88% -4.76%
2.03% -19.42%
2.02% 1.62%
$470 $350
202 28
3.35% 4.33%
60.87 81.4

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Doubleview WA
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