Suburb Profile Report for Hillarys WA (6025)

Hillarys House: Median price $820,000, Annual capital growth 2.52%, Number of sales 142, Weekly median advertised rent $500

Hillarys Unit: Median price $555,000, Annual capital growth 9.88%, Number of sales 11, Weekly median advertised rent $485

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 3201th in the list of Australian suburbs ordered by increase in median house value over the last year, Hillarys, 6025 is in the BOTTOM 30% with a property value increase of -2.67% recorded in median house prices.

A 10.96% growth in median value for property investors in Hillarys,6025 puts this suburb at number 269th in terms of best performing suburbs in WA

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 Hillarys, 6025. Typically our figures indicate that -6.94% is being offered, which puts this WA suburb at 1306th most discounted overall in Australia.

With the median price for a house in Hillarys being $820000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.17%

Property investors who have had real estate in Hillarys, 6025 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.76%

Over the longer term, Hillarys has seen property prices show investors a 1.93% return over the last 3 years. This is worse than over the last 12 months

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.58% offered to property buyers. Sellers in Hillarys itself are offering an average vendor discount of -6.23% to real estate investors.

Hillarys is 64th on a list of best yielding suburbs for rents in WA with a 4.54% return

Jeff Coghill Information supplied by:

Jeff Coghill
Peard Real Estate

M 0894470011
O 0412928643

W peardrealestate.com.au
E jeff.coghill@peard.com.au
Northern beaches location with beautiful white beaches, Iconic Hillarys Boat harbour with 5 million visitors per annum, great schools, shopping centres, transport, easy commute to the city yet offering a relaxed coastal lifestyle with fantastic boating and fishing.Full summary
Hillarys, 6025 ranked 154th in WA when comparing growth in median property values or capital gain over the last 12 months. Hillarys is one of 1662 in our list for WA
 
When looking at the potential capital gains offered to property investors over the last 3 years, Hillarys comes in at number 133th in WA.
 
Property buyers and investors in Hillarys 6025 should be seeing an average reduction in asking price of around -9.11% . This means that Hillarys is holding prices well when compared to other suburbs in WA.
 
A $700 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 9.21%.
 
Northern beaches location with beautiful white beaches, Iconic Hillarys Boat harbour with 5 million visitors per annum, great schools, shopping centres, transport, easy commute to the city yet offering a relaxed coastal lifestyle with fantastic boating and fishing.
 
Selling points: Safe family lifestyle
 
Most sought-after properties: affordable $500,000 homes all the way through to multimillion dollar luxurious beachfront mansions 
 
Public transport: Connecting buses to local Whitfords Train Station
 
Main arteries: Whitfords Avenue Marmion Avenue Hepburn Avenue 
Close
HOUSE UNIT
$820,000 $555,000
-1.94% N/A
-2.67% -9.76%
2.52% 9.88%
$500 $485
142 11
3.17% 4.54%
74.59 82.6

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Hillarys WA
Demographics
Total population 10680
Median household income ($/weekly) 2201
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1550 14.5
    25-34 years 896 8.4
    35-44 years 1545 14.5
    45-54 years 1873 17.5
    55-64 years 1591 14.9
    Others 3225 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 4833 61.2
    Not Married 2548 32.3
    Defacto Relationship 516 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6382 61.9
    Papua New Guinea 245 2.4
    South Africa 432 4.2
    United Kingdom 1762 17.1
    Other 548 5.3
    Others 942 9.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 123 1.2
    Christianity 7434 74.3
    Hinduism 128 1.3
    Islam 99 1.0
    No Religion 2137 21.4
    Others 84 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 338 10.8
    $2,000-$2,499 330 10.5
    $2,500-$2,999 537 17.2
    $3,000-$3,499 349 11.1
    $4,000 or more 325 10.4
    Others 1252 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3454 41.9
    Not in the labour force 2229 27.1
    Employed, worked part-time 1994 24.2
    Employed, away from work 342 4.2
    Unemployed, looking for work 220 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 961 16.6
    Professionals 1438 24.8
    Technicians & trades workers 731 12.6
    Clerical & administrative workers 974 16.8
    Sales 599 10.3
    Others 1086 18.8
    Occupation
    Census Count Percent(%)
    Pre-school 176 6.2
    Infants/Primary 996 34.9
    Secondary 848 29.7
    Technical or Further Educational Institution 170 6.0
    University or other Tertiary Institutions 615 21.5
    Others 50 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9423 93.2
    Semi-detached, row or terrace house, townhouse 642 6.3
    Flat, unit or apartment 45 0.4
    Caravan, cabin, houseboat 4 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1528 42.9
    Fully owned 1389 39.0
    Rented 644 18.1
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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