Suburb Profile Report for Kalamunda WA (6076)

Kalamunda House: Median price $569,500, Annual capital growth 1.47%, Number of sales 101, Weekly median advertised rent $390

Kalamunda Unit: Median price $410,000, Annual capital growth 1.93%, Number of sales 15, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Kalamunda, 6076 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -11.02%.

Across a shorter period, Kalamunda, 6076 has seen a median price increase of -0.96% over the last quarter.

Property buyers and investors in Kalamunda 6076 should be seeing an average reduction in asking price of around -6.93% . This means that Kalamunda is holding prices well when compared to other suburbs in WA.

In the last year 101 properties changed hands in Kalamunda, which puts it as the 106th most active market in WA when comparing the number of sales per suburb.

The WA suburb of Kalamunda, 6076 is in the Kalamunda local government area.

Property investors who have had real estate in Kalamunda, 6076 should be relatively pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.33%

Over the longer term, Kalamunda has seen property prices show investors a 1.61% return over the last 3 years. This is an improvement over the last 12 months

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 1.93%, investors should hope to achieve an overall return of 3.80%

Metrics i HOUSE UNIT
$569,500 $410,000
-0.96% 2.50%
-11.02% 9.33%
1.47% 1.93%
$390 $300
101 15
3.56% 3.80%
78.75 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 6636
Median household income ($/weekly) 1322
Median age of persons 46
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 743 11.2
    35-44 years 833 12.6
    45-54 years 977 14.7
    55-64 years 1034 15.6
    65-74 years 792 11.9
    Others 2256 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2949 57.0
    Not Married 1831 35.4
    Defacto Relationship 390 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4026 63.0
    Japan 93 1.5
    Papua New Guinea 185 2.9
    United Kingdom 1336 20.9
    Other 254 4.0
    Others 498 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 0.9
    Christianity 4195 68.8
    Hinduism 18 0.3
    Other Religious Groups 43 0.7
    No Religion 1765 29.0
    Others 23 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 233 10.1
    $600-$799 210 9.1
    $800-$999 197 8.6
    $1,500-$1,999 252 11.0
    $2,500-$2,999 251 10.9
    Others 1156 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2013 37.5
    Employed, worked full-time 1897 35.4
    Employed, worked part-time 1117 20.8
    Employed, away from work 207 3.9
    Unemployed, looking for work 129 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 441 13.7
    Professionals 759 23.6
    Technicians & trades workers 508 15.8
    Community & personal service workers 299 9.3
    Clerical & administrative workers 486 15.1
    Others 728 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 66 4.8
    Infants/Primary 474 34.5
    Secondary 398 29.0
    Technical or Further Educational Institution 126 9.2
    University or other Tertiary Institutions 276 20.1
    Others 34 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5598 88.9
    Semi-detached, row or terrace house, townhouse 518 8.2
    Flat, unit or apartment 178 2.8
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1232 48.4
    Being purchased 888 34.9
    Rented 414 16.3
    Other tenure type 13 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals