Suburb Profile Report for Marangaroo WA (6064)

Marangaroo House: Median price $451,688, Annual capital growth 4.19%, Number of sales 115, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Expert Report

Marangaroo, 6064 ranked 148th in WA when comparing growth in median property values or capital gain over the last 12 months. Marangaroo is one of 1662 in our list for WA

While Marangaroo,6064 ranked number 244th in WA for increase in median house value (annualised) increase, it is ranked 85th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Marangaroo is offering property investors an average of -8.15. This rate of discount on properties puts Suburb at number 338th in terms of most discounted suburbs in WA

Residents and property investors in Marangaroo have been waiting around 72.58 days to sell a property.

The WA suburb of Marangaroo, 6064 is in the Wanneroo local government area.

Matt Condit Information supplied by:

Matt Condit
Granger Clark

M 08 9249 6888
O 0407 160 037

W www.grangerclark.com.au
E matt.condit@grangerclark.com.au
Marangaroo, 6064 ranked 55th in WA when comparing growth in median property values or capital gain over the last 12 months. Marangaroo is one of 1662 in our list for WA.

When looking at the potential capital gains offered to property investors over the last 3 years, Marangaroo comes in at number 193th in WA.

Vendor discounting in Marangaroo is giving property investors an average Vendor Discount of around -5.55%. This puts suburb at number 379th in WA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $5580 per annum or $465 every week.Full summary
Marangaroo, 6064 ranked 55th in WA when comparing growth in median property values or capital gain over the last 12 months. Marangaroo is one of 1662 in our list for WA.
 
When looking at the potential capital gains offered to property investors over the last 3 years, Marangaroo comes in at number 193th in WA.
 
Vendor discounting in Marangaroo is giving property investors an average Vendor Discount of around -5.55%. This puts suburb at number 379th in WA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $5580 per annum or $465 every week.
 
Selling points: 10.6% growth in the last 12 months
 
Most sought-after properties: House
 
Most common properties: House 
 
Top amenities: Local golf course, parks & schools
 
Local industry and business: Located 15km from Perth GPO. Short drive to industrial areas in both Malaga & Wangara
 
Recent changes: Last available blocks in the suburb sold in the Berkley Rise Estate up until only recently.
 
Best streets: Streets located west of golf course
 
Public transport: Bus service to Perth CBD or Warwick train Station
 
Main arteries: Wanneroo Road, Hepburn Avenue, Mirrabooka Avenue & Marangaroo Drive
Close
HOUSE UNIT
$451,688 N/A
-1.81% N/A
-2.86% N/A
4.19% N/A
$400 N/A
115 N/A
4.60% N/A
72.58 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Marangaroo WA
Demographics
Total population 10518
Median household income ($/weekly) 1245
Median age of persons 34
Median housing loan repayment ($/monthly) 1651
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1521 14.5
    25-34 years 1516 14.4
    35-44 years 1519 14.4
    45-54 years 1412 13.4
    55-64 years 1141 10.8
    Others 3410 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 3757 49.2
    Not Married 3259 42.7
    Defacto Relationship 620 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6012 59.5
    Germany 273 2.7
    United Kingdom 594 5.9
    Viet Nam 786 7.8
    Other 822 8.1
    Others 1614 16.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 1064 10.9
    Christianity 6336 64.9
    Islam 426 4.4
    Other Religious Groups 47 0.5
    No Religion 1842 18.9
    Others 44 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 286 9.5
    $1,000-$1,249 335 11.1
    $1,250-$1,499 289 9.6
    $1,500-$1,999 447 14.8
    $2,000-$2,499 338 11.2
    Others 1323 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3017 38.1
    Not in the labour force 2686 33.9
    Employed, worked part-time 1571 19.8
    Employed, away from work 392 4.9
    Unemployed, looking for work 255 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 595 12.0
    Technicians & trades workers 980 19.7
    Community & personal service workers 518 10.4
    Clerical & administrative workers 729 14.6
    Labourers 743 14.9
    Others 1412 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 166 6.5
    Infants/Primary 975 38.4
    Secondary 709 27.9
    Technical or Further Educational Institution 256 10.1
    University or other Tertiary Institutions 351 13.8
    Others 82 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9366 94.0
    Semi-detached, row or terrace house, townhouse 519 5.2
    Flat, unit or apartment 75 0.8
    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 1683 49.9
    Fully owned 1021 30.3
    Rented 642 19.0
    Other tenure type 27 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals