Suburb Profile Report for Mount Helena WA (6082)

Mount Helena House: Median price $522,500, Annual capital growth 2.18%, Number of sales 54, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Investment property in Mount Helena has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.24%

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

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Mount Helena itself are offering an average vendor discount of -6.20% to real estate investors.

At number 2535 in a list of fastest selling suburbs, Mount Helena is in the bottom 40% of suburbs in Australia with an average of days on market 92.21 for properties listed there.

Mount Helena is 189th on a list of best yielding suburbs for rents in WA with a 4.18% return

Metrics i HOUSE UNIT
$522,500 N/A
12.97% N/A
16.24% N/A
2.18% N/A
$420 N/A
54 N/A
4.18% N/A
92.21 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3155
Median household income ($/weekly) 1579
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 501 15.9
    15-19 years 266 8.4
    35-44 years 467 14.8
    45-54 years 549 17.4
    55-64 years 429 13.6
    Others 945 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 1223 55.7
    Not Married 752 34.3
    Defacto Relationship 220 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2226 75.6
    Greece 19 0.6
    Papua New Guinea 108 3.7
    United Kingdom 433 14.7
    Other 54 1.8
    Others 105 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1583 57.4
    No Religion 1127 40.9
    Buddhism 29 1.1
    Other Religious Groups 11 0.4
    Hinduism 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 77 8.7
    $1,250-$1,499 75 8.4
    $1,500-$1,999 146 16.4
    $2,000-$2,499 98 11.0
    $2,500-$2,999 93 10.5
    Others 399 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 918 39.6
    Not in the labour force 698 30.1
    Employed, worked part-time 508 21.9
    Employed, away from work 134 5.8
    Unemployed, looking for work 61 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 167 10.7
    Professionals 257 16.5
    Technicians & trades workers 291 18.7
    Community & personal service workers 172 11.1
    Clerical & administrative workers 225 14.5
    Others 442 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.0
    Infants/Primary 324 41.9
    Secondary 229 29.6
    Technical or Further Educational Institution 79 10.2
    University or other Tertiary Institutions 73 9.4
    Others 22 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2878 99.0
    Semi-detached, row or terrace house, townhouse 12 0.4
    Flat, unit or apartment 11 0.4
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 538 52.8
    Fully owned 343 33.7
    Rented 129 12.7
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals