Suburb Profile Report for Karrinyup WA (6018)

Karrinyup House: Median price $807,500, Annual capital growth 4.34%, Number of sales 156, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report

Karrinyup has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -3.87% to date .

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

Vendor discounting in Karrinyup is giving property investors an average Vendor Discount of around -6.50%. This puts suburb at number 302th in WA when ranking the most discounted suburbs.

In the last year 156 properties changed hands in Karrinyup, which puts it as the 41th most active market in WA when comparing the number of sales per suburb.

A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.35%, without taking into account capital value appreciation, which has been averaging out at 4.34%.

HOUSE UNIT
$807,500 N/A
-1.10% N/A
-3.87% N/A
4.34% N/A
$520 N/A
156 N/A
3.35% N/A
84.16 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 8524
Median household income ($/weekly) 1791
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1177 13.8
    25-34 years 842 9.9
    35-44 years 1390 16.3
    45-54 years 1112 13.0
    55-64 years 935 11.0
    Others 3066 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 3373 56.2
    Not Married 2131 35.5
    Defacto Relationship 501 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5806 71.2
    Papua New Guinea 189 2.3
    South Africa 168 2.1
    United Kingdom 801 9.8
    Other 331 4.1
    Others 855 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 117 1.5
    Christianity 5343 68.2
    Hinduism 49 0.6
    Other Religious Groups 65 0.8
    No Religion 2209 28.2
    Others 52 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 287 10.8
    $2,000-$2,499 213 8.0
    $2,500-$2,999 392 14.7
    $3,000-$3,499 268 10.1
    $4,000 or more 204 7.7
    Others 1302 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2412 37.7
    Not in the labour force 2185 34.2
    Employed, worked part-time 1394 21.8
    Employed, away from work 259 4.0
    Unemployed, looking for work 147 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 628 15.4
    Professionals 1234 30.3
    Technicians & trades workers 497 12.2
    Clerical & administrative workers 620 15.2
    Sales 349 8.6
    Others 740 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 162 7.7
    Infants/Primary 769 36.4
    Secondary 603 28.6
    Technical or Further Educational Institution 123 5.8
    University or other Tertiary Institutions 416 19.7
    Others 37 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6929 89.3
    Semi-detached, row or terrace house, townhouse 697 9.0
    Flat, unit or apartment 136 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1111 37.7
    Being purchased 1093 37.1
    Rented 692 23.5
    Other tenure type 51 1.7
    Tenure Type
Census 2011, ABS
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