Suburb Profile Report for Carine WA (6020)

Carine House: Median price $777,500, Annual capital growth 3.32%, Number of sales 81, Weekly median advertised rent $500

Carine Unit: Median price $580,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Carine, 6020 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.24%

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

Our latest figures would indicate that property sellers in Carine are currently offering property investors an average price cut of -5.95% below the asking price at the moment.

Residents and property investors in Carine have been waiting around 70.98 days to sell a property.

In the last year 13 properties changed hands in Carine, which puts it as the 102th most active market in WA when comparing the number of sales per suburb.

HOUSE UNIT
$777,500 $580,000
-0.64% N/A
2.24% N/A
3.32% N/A
$500 N/A
81 13
3.34% N/A
70.98 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 6479
Median household income ($/weekly) 2135
Median age of persons 41
Median housing loan repayment ($/monthly) 2145
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 827 12.8
    25-34 years 543 8.4
    35-44 years 884 13.6
    45-54 years 1008 15.6
    55-64 years 1124 17.3
    Others 2094 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 2996 60.8
    Not Married 1643 33.3
    Defacto Relationship 292 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4227 66.8
    Papua New Guinea 165 2.6
    South Africa 267 4.2
    United Kingdom 836 13.2
    Other 249 3.9
    Others 585 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.4
    Christianity 4117 68.3
    Hinduism 41 0.7
    Other Religious Groups 58 1.0
    No Religion 1700 28.2
    Others 25 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 212 10.6
    $2,000-$2,499 199 9.9
    $2,500-$2,999 320 15.9
    $3,000-$3,499 232 11.6
    $4,000 or more 192 9.6
    Others 853 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2086 40.6
    Not in the labour force 1408 27.4
    Employed, worked part-time 1331 25.9
    Employed, away from work 195 3.8
    Unemployed, looking for work 112 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 537 14.9
    Professionals 1166 32.3
    Technicians & trades workers 416 11.5
    Clerical & administrative workers 551 15.3
    Sales 336 9.3
    Others 605 16.8
    Occupation
    Census Count Percent(%)
    Pre-school 97 5.9
    Infants/Primary 569 34.6
    Secondary 440 26.7
    Technical or Further Educational Institution 106 6.4
    University or other Tertiary Institutions 406 24.7
    Others 28 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5927 95.1
    Semi-detached, row or terrace house, townhouse 220 3.5
    Caravan, cabin, houseboat 85 1.4
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1045 46.7
    Being purchased 916 40.9
    Rented 272 12.2
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals