Suburb Profile Report for Parkerville WA (6081)

Parkerville House: Median price $549,750, Annual capital growth 0.27%, Number of sales 26, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Investment property in Parkerville has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.55%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Parkerville has fallen somewhat when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -7.93% to buyers in Parkerville at the moment, which is less than average for the rest of WA.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 0.27%, investors should hope to achieve an overall return of 4.26%

Metrics i HOUSE UNIT
$549,750 N/A
-6.82% N/A
-3.55% N/A
0.27% N/A
$450 N/A
26 N/A
4.26% N/A
96.09 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2227
Median household income ($/weekly) 1851
Median age of persons 38
Median housing loan repayment ($/monthly) 1800
Average household size 3
  • Census Count Percent(%)
    5-14 years 370 16.6
    15-19 years 185 8.3
    35-44 years 393 17.6
    45-54 years 403 18.1
    55-64 years 242 10.9
    Others 635 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 896 57.3
    Not Married 515 32.9
    Defacto Relationship 154 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1620 76.1
    Greece 23 1.1
    Papua New Guinea 85 4.0
    United Kingdom 277 13.0
    Other 49 2.3
    Others 74 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1128 56.3
    No Religion 850 42.4
    Buddhism 16 0.8
    Other Religious Groups 6 0.3
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 44 7.0
    $1,500-$1,999 97 15.5
    $2,000-$2,499 59 9.4
    $2,500-$2,999 103 16.5
    $3,000-$3,499 60 9.6
    Others 262 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 717 43.8
    Not in the labour force 428 26.2
    Employed, worked part-time 375 22.9
    Employed, away from work 78 4.8
    Unemployed, looking for work 38 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 145 12.4
    Professionals 251 21.4
    Technicians & trades workers 216 18.4
    Community & personal service workers 105 9.0
    Clerical & administrative workers 194 16.6
    Others 260 22.2
    Occupation
    Census Count Percent(%)
    Pre-school 49 8.4
    Infants/Primary 239 41.1
    Secondary 168 28.9
    Technical or Further Educational Institution 44 7.6
    University or other Tertiary Institutions 75 12.9
    Others 7 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2089 99.4
    Semi-detached, row or terrace house, townhouse 12 0.6
    Flat, unit or apartment 0 0.0
    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 408 57.5
    Fully owned 237 33.4
    Rented 58 8.2
    Other tenure type 6 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals