Suburb Profile Report for Nollamara WA (6061)

Nollamara House: Median price $410,000, Annual capital growth 0.66%, Number of sales 226, Weekly median advertised rent $350

Nollamara Unit: Median price $343,000, Annual capital growth -0.27%, Number of sales 53, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Nollamara, 6061 have given investors a capital gain of -7.87%. This compares badly with the -4.17% for WA as a whole.

Taking the average capital gain, or increase in median house value, Nollamara,6061 has racked up an average of -7.87% over the period. This ranks it number 3853th in the whole country for real estate investors looking at median house price increases.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.23% offered to property buyers. Sellers in Nollamara itself are offering an average vendor discount of -8.35% to real estate investors.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 0.66%.

Giving property investors a a poor capital gain of -6.67% for the last year, Nollamara, 6061 is the 1465th highest performer in Australia in this respect.

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

The most recent median price for Nollamara is $343000, with sellers offering an average of -11.93% off the asking price.

In the last year 53 properties changed hands in Nollamara, which puts it as the 27th most active market in WA when comparing the number of sales per suburb.

Advertised rents are around the $330 mark per week – giving a return of 5.00% based on the median price in Suburb

Metrics i HOUSE UNIT
$410,000 $343,000
-2.38% -1.15%
-7.87% -6.67%
0.66% -0.27%
$350 $330
226 53
4.44% 5.00%
95.89 131.6

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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