Suburb Profile Report for Menora WA (6050)

Menora House: Median price $960,000, Annual capital growth 0.93%, Number of sales 19, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Menora, 6050 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 -11.93%

While Menora,6050 ranked number 416th in WA for increase in median house value (annualised) increase, it is ranked 327th over the last 5 years.

The most recent median price for Menora is $960000, with sellers offering an average of -8.06% off the asking price.

Often selling an investment property can take time, and in Menora the average time real estate has been on the market is 63 days.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.44%, without taking into account capital value appreciation, which has been averaging out at 0.93%.

Metrics i HOUSE UNIT
$960,000 N/A
-20.00% N/A
-11.93% N/A
0.93% N/A
$450 N/A
19 N/A
2.44% N/A
63 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 2674
Median household income ($/weekly) 1292
Median age of persons 50
Median housing loan repayment ($/monthly) 2475
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 293 11.0
    45-54 years 339 12.7
    55-64 years 272 10.2
    75-84 years 350 13.1
    85 years and over 324 12.1
    Others 1097 41.0
    Age Group
    Census Count Percent(%)
    Registered Married 1039 53.4
    Not Married 817 42.0
    Defacto Relationship 89 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1850 71.5
    Japan 43 1.7
    South Africa 58 2.2
    United Kingdom 260 10.1
    Other 100 3.9
    Others 275 10.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.9
    Christianity 1703 67.7
    Islam 17 0.7
    Judaism 220 8.7
    No Religion 532 21.2
    Others 20 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 90 9.8
    $400-$599 103 11.2
    $600-$799 82 8.9
    $2,500-$2,999 101 11.0
    $4,000 or more 96 10.4
    Others 447 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1029 47.4
    Employed, worked full-time 626 28.9
    Employed, worked part-time 428 19.7
    Employed, away from work 55 2.5
    Unemployed, looking for work 31 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 179 16.1
    Professionals 410 36.9
    Community & personal service workers 102 9.2
    Clerical & administrative workers 154 13.9
    Sales 123 11.1
    Others 142 12.8
    Occupation
    Census Count Percent(%)
    Pre-school 43 6.9
    Infants/Primary 187 30.1
    Secondary 181 29.1
    Technical or Further Educational Institution 31 5.0
    University or other Tertiary Institutions 171 27.5
    Others 8 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1786 75.5
    Flat, unit or apartment 388 16.4
    Semi-detached, row or terrace house, townhouse 193 8.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 355 36.9
    Being purchased 245 25.5
    Other tenure type 196 20.4
    Rented 166 17.3
    Tenure Type
Census 2011, ABS
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