Suburb Profile Report for Kinross WA (6028)

Kinross House: Median price $490,000, Annual capital growth 0.45%, Number of sales 102, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Expert Report

With a capital gain of -4.85% for the last 12 months, Kinross, 6028 has performed for property investments than its average annual 0.45% property growth over the last 5 years.

Kinross,6028 has offered an average of -4.85% return per annum in house price rises to property investors over the last three years.

At number 291th of WA’s most discounted properties, Kinross is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $395 mark per week – giving a return of 4.19% based on the median price in Suburb

Elaine Townsend Information supplied by:

Elaine Townsend
Townsend Realty

M 0415 255 220
O 089 304 9113

W www.townsendrealty.com.au
E elaine@townsendrealty.com.au
Over the last year, property investments in Kinross, 6028 have given investors a capital gain of 2.58%. This compares favourably with the 0.55% for WA as a whole. The main selling points are great location still close to the ocean, all local amenities and great school reputations.Full summary

Selling points: The main selling points are great location still close to the ocean, all local amenities and great school reputations.

Most sort after properties: The properties in most demand would most certainly be 4 bed, 2 bath with double garage.

Most common properties: Characteristically the majority of the house are 4x2, double garage, some with below ground pool, most have air conditioning.

Top amenities: The best amenities would be the school's reputations, shopping, local cafes, supermarket, close to all public transport.

Local industry and businesses: The major employers in the suburb would be IGA, Chicken Treat, local cafe Andersons.

Recent changes: The council improvements include revamping of local parkland, beautifying streetscapes.

Best streets: In my personal opinion many of the streets in the suburb are great and would suit any Buyer, Kinross is split into two sections. And normally there is a liking towards West Side of Connolly Drive and or East, both have wonderful features

Public transport: The local public transport is brilliant including the local train station.

Main arteries: Connolly Drive, Marmion Avenue and Burns Beach Rd all lead to both Beaches, Freeway access etc.

Close
Metrics i HOUSE UNIT
$490,000 N/A
-0.20% N/A
-4.85% N/A
0.45% N/A
$395 N/A
102 N/A
4.19% N/A
88.7 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 7172
Median household income ($/weekly) 1878
Median age of persons 33
Median housing loan repayment ($/monthly) 1997
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1280 17.8
    15-19 years 740 10.3
    25-34 years 724 10.1
    35-44 years 1303 18.2
    45-54 years 1201 16.7
    Others 1924 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 2835 55.9
    Not Married 1758 34.7
    Defacto Relationship 475 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3708 53.1
    Papua New Guinea 221 3.2
    South Africa 314 4.5
    United Kingdom 1954 28.0
    Other 295 4.2
    Others 489 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 0.7
    Christianity 4536 67.4
    Islam 122 1.8
    Other Religious Groups 53 0.8
    No Religion 1929 28.7
    Others 38 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 155 7.9
    $1,500-$1,999 349 17.8
    $2,000-$2,499 287 14.6
    $2,500-$2,999 281 14.3
    $3,000-$3,499 182 9.3
    Others 710 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2342 44.5
    Employed, worked part-time 1248 23.7
    Not in the labour force 1239 23.6
    Employed, away from work 250 4.8
    Unemployed, looking for work 179 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 408 10.6
    Professionals 653 17.0
    Technicians & trades workers 699 18.2
    Community & personal service workers 416 10.8
    Clerical & administrative workers 645 16.8
    Others 1019 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 110 5.2
    Infants/Primary 794 37.8
    Secondary 732 34.8
    Technical or Further Educational Institution 152 7.2
    University or other Tertiary Institutions 273 13.0
    Others 40 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6687 96.9
    Semi-detached, row or terrace house, townhouse 127 1.8
    Flat, unit or apartment 86 1.2
    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 1359 60.6
    Rented 459 20.5
    Fully owned 416 18.6
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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