Suburb Profile Report for Viveash WA (6056)

Viveash House: Median price $542,500, Annual capital growth 4.82%, Number of sales 16, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

With a capital gain of 5.34% for the last 12 months, Viveash, 6056 has performed for property investments than its average annual 4.82% property growth over the last 5 years.

Across a shorter period, Viveash, 6056 has seen a median price increase of -4.41% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Viveash is offering property investors an average of -8.26. This rate of discount on properties puts Suburb at number 244th in terms of most discounted suburbs in WA

At number 2848 in a list of fastest selling suburbs, Viveash is in the bottom 30% of suburbs in Australia with an average of days on market 107.75 for properties listed there.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 4.82%.

Metrics i HOUSE UNIT
$542,500 N/A
-4.41% N/A
5.34% N/A
4.82% N/A
$400 N/A
16 N/A
3.83% N/A
107.75 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 909
Median household income ($/weekly) 1361
Median age of persons 41
Median housing loan repayment ($/monthly) 1538
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 127 14.0
    35-44 years 117 12.9
    45-54 years 129 14.2
    55-64 years 93 10.2
    65-74 years 100 11.0
    Others 343 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 322 48.9
    Not Married 282 42.8
    Defacto Relationship 55 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 575 68.7
    Indonesia 14 1.7
    Papua New Guinea 17 2.0
    United Kingdom 121 14.5
    Other 30 3.6
    Others 80 9.6
    Country of Birth
    Census Count Percent(%)
    Christianity 621 76.2
    No Religion 180 22.1
    Buddhism 6 0.7
    Hinduism 4 0.5
    Other Religious Groups 4 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 26 9.1
    $400-$599 33 11.6
    $1,250-$1,499 29 10.2
    $1,500-$1,999 40 14.0
    $2,500-$2,999 29 10.2
    Others 128 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 257 37.8
    Not in the labour force 234 34.5
    Employed, worked part-time 137 20.2
    Employed, away from work 33 4.9
    Unemployed, looking for work 18 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 67 15.7
    Technicians & trades workers 67 15.7
    Community & personal service workers 45 10.6
    Clerical & administrative workers 85 20.0
    Sales 49 11.5
    Others 113 26.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 77 37.2
    Secondary 66 31.9
    University or other Tertiary Institutions 33 15.9
    Technical or Further Educational Institution 18 8.7
    Pre-school 13 6.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 679 81.4
    Flat, unit or apartment 110 13.2
    Semi-detached, row or terrace house, townhouse 45 5.4
    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 118 36.5
    Being purchased 113 35.0
    Rented 83 25.7
    Other tenure type 9 2.8
    Tenure Type
Census 2011, ABS
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