Suburb Profile Report for Maida Vale WA (6057)

Maida Vale House: Median price $520,000, Annual capital growth 3.88%, Number of sales 54, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

Investment property in Maida Vale has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.59%

Comparing Maida Vale,6057 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.80% to buyers in Maida Vale at the moment, which is less than average for the rest of WA.

Often selling an investment property can take time, and in Maida Vale the average time real estate has been on the market is 81.32 days.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.88%, investors should hope to achieve an overall return of 4.30%

HOUSE UNIT
$520,000 N/A
0.00% N/A
-4.59% N/A
3.88% N/A
$430 N/A
54 N/A
4.30% N/A
81.32 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4329
Median household income ($/weekly) 1807
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 611 14.1
    25-34 years 462 10.7
    35-44 years 604 13.9
    45-54 years 664 15.3
    55-64 years 619 14.3
    Others 1370 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 1824 57.2
    Not Married 1058 33.2
    Defacto Relationship 309 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3058 74.0
    Japan 47 1.1
    Papua New Guinea 144 3.5
    United Kingdom 536 13.0
    Other 100 2.4
    Others 245 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.6
    Christianity 2833 71.6
    Islam 27 0.7
    Other Religious Groups 11 0.3
    No Religion 1054 26.6
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 97 7.6
    $1,000-$1,249 91 7.1
    $1,500-$1,999 172 13.4
    $2,000-$2,499 177 13.8
    $2,500-$2,999 174 13.6
    Others 573 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1496 44.9
    Not in the labour force 951 28.5
    Employed, worked part-time 701 21.0
    Employed, away from work 127 3.8
    Unemployed, looking for work 59 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 303 13.0
    Professionals 327 14.0
    Technicians & trades workers 433 18.6
    Community & personal service workers 217 9.3
    Clerical & administrative workers 448 19.2
    Others 600 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 57 5.9
    Infants/Primary 400 41.7
    Secondary 275 28.6
    Technical or Further Educational Institution 73 7.6
    University or other Tertiary Institutions 135 14.1
    Others 20 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4050 98.9
    Semi-detached, row or terrace house, townhouse 32 0.8
    Flat, unit or apartment 14 0.3
    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 722 50.0
    Fully owned 569 39.4
    Rented 149 10.3
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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