Suburb Profile Report for Kinross WA (6028)

Kinross House: Median price $515,000, Annual capital growth 3.76%, Number of sales 109, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Expert Report

At number 3518th in the list of Australian suburbs ordered by increase in median house value over the last year, Kinross, 6028 is in the BOTTOM 20% with a property value increase of -5.72% recorded in median house prices.

If we look at median property appreciation over just the last three months, Kinross has given property investors a paper return of 0.00%. This puts Suburb as 111 on a list of fastest fasting appreciating suburbs in WA

Property investors looking for a bargain in Kinross should be aiming for at least -5.51% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2202 in a list of fastest selling suburbs, Kinross is just in the bottom half of suburbs in Australia with an average of days on market 88.01 for properties listed there.

Situated 28.43km from the CBD, Kinross is one of Joondalup localities in the postcode 6028.

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
HOUSE UNIT
$515,000 N/A
0.00% N/A
-5.72% N/A
3.76% N/A
$430 N/A
109 N/A
4.34% N/A
88.01 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (U)
Find a mortgage broker in Kinross WA
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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