Suburb Profile Report for Nollamara WA (6061)

Nollamara House: Median price $421,500, Annual capital growth 1.80%, Number of sales 231, Weekly median advertised rent $360

Nollamara Unit: Median price $348,500, Annual capital growth 0.93%, Number of sales 43, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3681th in the list of Australian suburbs ordered by increase in median house value over the last year, Nollamara, 6061 is in the BOTTOM 20% with a property value increase of -7.97% recorded in median house prices.

Comparing Nollamara,6061 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Nollamara is $421500, with sellers offering an average of -7.30% off the asking price.

On average over the past year, suburb has had 19.25 sales per month, which equates to 231 per year.

With the median price for a house in Nollamara being $421500 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.44%

Nollamara, 6061 ranked 67th in WA when comparing growth in median property values or capital gain over the last 12 months. Nollamara is one of 1662 in our list for WA

Nollamara,6061 has offered an average of -5.81% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Nollamara is giving property investors an average Vendor Discount of around -7.95%. This puts suburb at number 53th in WA when ranking the most discounted suburbs.

At number 1228 in a list of fastest selling suburbs, Nollamara is in the bottom 20% of suburbs in Australia with an average of days on market 108.2 for properties listed there.

Situated 8.08km from the CBD, Nollamara is one of Stirling localities in the postcode 6061.

HOUSE UNIT
$421,500 $348,500
-1.98% -1.83%
-7.97% -5.81%
1.80% 0.93%
$360 $330
231 43
4.44% 4.92%
81.51 108.2

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 9887
Median household income ($/weekly) 1158
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 909 9.2
    25-34 years 2513 25.4
    35-44 years 1363 13.8
    45-54 years 992 10.0
    55-64 years 890 9.0
    Others 3220 32.6
    Age Group
    Census Count Percent(%)
    Not Married 3681 49.3
    Registered Married 2905 38.9
    Defacto Relationship 886 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4820 53.1
    Indonesia 317 3.5
    Papua New Guinea 301 3.3
    United Kingdom 498 5.5
    Other 1191 13.1
    Others 1953 21.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 506 5.7
    Christianity 5205 58.8
    Hinduism 228 2.6
    Islam 579 6.5
    No Religion 2093 23.6
    Others 242 2.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 386 10.4
    $600-$799 343 9.3
    $1,000-$1,249 377 10.2
    $1,250-$1,499 344 9.3
    $1,500-$1,999 479 12.9
    Others 1778 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3167 41.8
    Not in the labour force 2530 33.4
    Employed, worked part-time 1270 16.7
    Employed, away from work 328 4.3
    Unemployed, looking for work 288 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1000 21.0
    Technicians & trades workers 727 15.3
    Community & personal service workers 522 11.0
    Clerical & administrative workers 776 16.3
    Labourers 518 10.9
    Others 1217 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 129 6.5
    Infants/Primary 562 28.2
    Secondary 337 16.9
    Technical or Further Educational Institution 341 17.1
    University or other Tertiary Institutions 510 25.6
    Others 112 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 4342 47.4
    Separate house 4103 44.8
    Flat, unit or apartment 722 7.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1810 45.5
    Being purchased 1248 31.4
    Fully owned 903 22.7
    Other tenure type 17 0.4
    Tenure Type
Census 2011, ABS
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