Suburb Profile Report for Nollamara WA (6061)

Nollamara House: Median price $431,750, Annual capital growth 2.92%, Number of sales 255, Weekly median advertised rent $370

Nollamara Unit: Median price $355,000, Annual capital growth 2.09%, Number of sales 48, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Nollamara, 6061 ranked 288th 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

While Nollamara,6061 ranked number 304th in WA for increase in median house value (annualised) increase, it is ranked 259th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nollamara, 6061. Typically our figures indicate that -6.09% is being offered, which puts this WA suburb at 1761th most discounted overall in Australia.

Nollamara, 6061’s gross rental yield is 4.46%

Nollamara is an average performer in WA when comparing median price capital growth over the last year. Nollamara gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.19%.

Taking the average capital gain, or increase in median house value, Nollamara,6061 has racked up an average of -7.19% over the period. This ranks it number 1537th in the whole country for real estate investors looking at median house price increases.

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.57% offered to property buyers. Sellers in Nollamara itself are offering an average vendor discount of -4.74% to real estate investors.

Residents and property investors in Nollamara have been waiting around 77 days to sell a property.

HOUSE UNIT
$431,750 $355,000
-2.76% -1.39%
-7.25% -7.19%
2.92% 2.09%
$370 $350
255 48
4.46% 5.13%
71.04 77

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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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Recent sales & rentals