Suburb Profile Report for Two Rocks WA (6037)

Two Rocks House: Median price $363,500, Annual capital growth 0.57%, Number of sales 44, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Two Rocks, 6037 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 -14.17%

Two Rocks,6037 was ranked 2009 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Two Rocks is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 420th in terms of most discounted suburbs in WA

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 0.57%.

HOUSE UNIT
$363,500 N/A
0.97% N/A
-14.17% N/A
0.57% N/A
$310 N/A
44 N/A
4.43% N/A
107.82 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 2241
Median household income ($/weekly) 966
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 321 14.3
    35-44 years 316 14.1
    45-54 years 290 12.9
    55-64 years 307 13.7
    65-74 years 236 10.5
    Others 771 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 726 47.1
    Not Married 587 38.1
    Defacto Relationship 227 14.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1485 71.4
    Papua New Guinea 94 4.5
    South Africa 21 1.0
    United Kingdom 325 15.6
    Other 49 2.4
    Others 105 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.8
    Christianity 1189 60.7
    Judaism 3 0.2
    Other Religious Groups 21 1.1
    No Religion 727 37.1
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 79 11.0
    $400-$599 98 13.7
    $600-$799 85 11.9
    $1,250-$1,499 67 9.3
    $1,500-$1,999 87 12.1
    Others 301 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 710 43.2
    Employed, worked full-time 518 31.5
    Employed, worked part-time 258 15.7
    Employed, away from work 93 5.7
    Unemployed, looking for work 64 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 100 11.5
    Technicians & trades workers 185 21.2
    Clerical & administrative workers 118 13.5
    Machinery operators & drivers 126 14.4
    Labourers 112 12.8
    Others 232 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 45 10.0
    Infants/Primary 198 43.8
    Secondary 138 30.5
    Technical or Further Educational Institution 36 8.0
    University or other Tertiary Institutions 27 6.0
    Others 8 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1998 99.2
    Flat, unit or apartment 8 0.4
    Caravan, cabin, houseboat 6 0.3
    Semi-detached, row or terrace house, townhouse 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 320 38.9
    Fully owned 256 31.1
    Rented 240 29.2
    Other tenure type 7 0.9
    Tenure Type
Census 2011, ABS
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