Suburb Profile Report for Connolly WA (6027)

Connolly House: Median price $667,500, Annual capital growth 2.86%, Number of sales 34, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Investment property in Connolly has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.55%

If we look at median property appreciation over just the last three months, Connolly has given property investors a paper return of 0.38%. This puts Suburb as 110 on a list of fastest fasting appreciating suburbs in WA

Property investors looking for a bargain in Connolly should be aiming for at least -7.00% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

HOUSE UNIT
$667,500 N/A
0.38% N/A
-2.55% N/A
2.86% N/A
$500 N/A
34 N/A
3.90% N/A
98.48 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3616
Median household income ($/weekly) 2042
Median age of persons 42
Median housing loan repayment ($/monthly) 2058
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 524 14.5
    15-19 years 367 10.1
    35-44 years 477 13.2
    45-54 years 729 20.2
    55-64 years 526 14.5
    Others 994 27.5
    Age Group
    Census Count Percent(%)
    Registered Married 1643 59.5
    Not Married 942 34.1
    Defacto Relationship 176 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1691 48.4
    Italy 87 2.5
    South Africa 119 3.4
    United Kingdom 1169 33.4
    Other 142 4.1
    Others 289 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.4
    Christianity 2458 73.7
    Islam 22 0.7
    Other Religious Groups 11 0.3
    No Religion 788 23.6
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 122 11.9
    $2,000-$2,499 126 12.3
    $2,500-$2,999 148 14.5
    $3,000-$3,499 110 10.7
    $4,000 or more 78 7.6
    Others 440 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1218 42.7
    Not in the labour force 714 25.0
    Employed, worked part-time 708 24.8
    Employed, away from work 136 4.8
    Unemployed, looking for work 79 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 268 13.0
    Professionals 448 21.7
    Technicians & trades workers 329 15.9
    Community & personal service workers 218 10.6
    Clerical & administrative workers 362 17.5
    Others 441 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 38 3.9
    Infants/Primary 317 32.2
    Secondary 324 32.9
    Technical or Further Educational Institution 89 9.0
    University or other Tertiary Institutions 197 20.0
    Others 21 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3103 90.0
    Semi-detached, row or terrace house, townhouse 296 8.6
    Flat, unit or apartment 47 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 599 49.8
    Fully owned 422 35.1
    Rented 178 14.8
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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