Suburb Profile Report for Midvale WA (6056)

Midvale House: Median price $385,000, Annual capital growth 3.34%, Number of sales 18, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report

Midvale is an average performer in WA when comparing median price capital growth over the last year. Midvale gave property investors a average capital gain figure when compared to the rest of the state, with -5.87%.

Taking the average capital gain, or increase in median house value, Midvale,6056 has racked up an average of -5.87% over the period. This ranks it number 2581th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Midvale is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 204th in terms of most discounted suburbs in WA

Often selling an investment property can take time, and in Midvale the average time real estate has been on the market is 67.15 days.

Renters in Suburb are facing rents around $3720 per annum or $310 every week.

HOUSE UNIT
$385,000 N/A
1.32% N/A
-5.87% N/A
3.34% N/A
$310 N/A
18 N/A
4.19% N/A
67.15 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1517
Median household income ($/weekly) 828
Median age of persons 36
Median housing loan repayment ($/monthly) 1582
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 212 14.0
    25-34 years 207 13.6
    35-44 years 182 12.0
    45-54 years 178 11.7
    55-64 years 188 12.4
    Others 550 36.3
    Age Group
    Census Count Percent(%)
    Not Married 582 53.8
    Registered Married 378 34.9
    Defacto Relationship 122 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1007 71.2
    Papua New Guinea 100 7.1
    Philippines 52 3.7
    United Kingdom 82 5.8
    Other 40 2.8
    Others 133 9.4
    Country of Birth
    Census Count Percent(%)
    Christianity 848 63.8
    No Religion 446 33.5
    Other Religious Groups 19 1.4
    Hinduism 11 0.8
    Buddhism 6 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 68 13.0
    $400-$599 71 13.5
    $600-$799 62 11.8
    $1,000-$1,249 56 10.7
    $1,500-$1,999 54 10.3
    Others 214 40.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 478 43.2
    Employed, worked full-time 369 33.3
    Employed, worked part-time 157 14.2
    Unemployed, looking for work 62 5.6
    Employed, away from work 41 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 120 21.2
    Community & personal service workers 63 11.1
    Clerical & administrative workers 83 14.6
    Machinery operators & drivers 84 14.8
    Labourers 88 15.5
    Others 129 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 23 8.1
    Infants/Primary 130 45.6
    Secondary 71 24.9
    Technical or Further Educational Institution 29 10.2
    University or other Tertiary Institutions 23 8.1
    Others 9 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1059 75.1
    Semi-detached, row or terrace house, townhouse 330 23.4
    Flat, unit or apartment 22 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 283 49.0
    Being purchased 159 27.6
    Fully owned 132 22.9
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals