Suburb Profile Report for Nollamara WA (6061)

Nollamara House: Median price $400,000, Annual capital growth -0.01%, Number of sales 227, Weekly median advertised rent $340

Nollamara Unit: Median price $335,000, Annual capital growth -0.87%, Number of sales 67, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Nollamara has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -7.46% to date .

Taking the average capital gain, or increase in median house value, Nollamara,6061 has racked up an average of -7.46% over the period. This ranks it number 3926th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Nollamara 6061 should be seeing an average reduction in asking price of around -9.25% . This means that Nollamara is holding prices well when compared to other suburbs in WA.

Property investors who have had real estate in Nollamara, 6061 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.42%

When looking at the potential capital gains offered to property investors over the last 3 years, Nollamara comes in at number 100th in WA.

Sellers are offering property buyers an average discount of -14.56% to buyers in Nollamara at the moment, which is less than average for the rest of WA.

Nollamara is 36th on a list of best yielding suburbs for rents in WA with a 4.81% return

Metrics i HOUSE UNIT
$400,000 $335,000
-1.84% -1.33%
-7.46% -6.42%
-0.01% -0.87%
$340 $310
227 67
4.42% 4.81%
106.51 141.43

Source: CoreLogic

DSR Score for property investment : Balanced (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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Recent sales & rentals