Suburb Profile Report for Carine WA (6020)

Carine House: Median price $790,000, Annual capital growth 2.06%, Number of sales 91, Weekly median advertised rent $498

Carine Unit: Median price $585,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Carine have tracked higher than the WA average of -3.78% over the last 12 months.

While Carine,6020 ranked number 227th in WA for increase in median house value (annualised) increase, it is ranked 92th over the last 5 years.

Carine, 6020 is offering WA ‘s 361th 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 $497.5 and the average annual increase in value of a median property of 2.06%, investors should hope to achieve an overall return of 3.27%

The most recent median price for Carine is $585000, with sellers offering an average of -6.21% off the asking price.

Metrics i HOUSE UNIT
$790,000 $585,000
-1.25% N/A
2.93% N/A
2.06% N/A
$498 N/A
91 11
3.27% N/A
74.64 179.9

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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
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