Suburb Profile Report for Wattle Grove WA (6107)

Wattle Grove House: Median price $537,500, Annual capital growth 4.11%, Number of sales 96, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Wattle Grove, 6107 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.92%

If we look at median property appreciation over just the last three months, Wattle Grove has given property investors a paper return of 1.42%. This puts Suburb as 76 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -7.18% to buyers in Wattle Grove at the moment, which is less than average for the rest of WA.

Often selling an investment property can take time, and in Wattle Grove the average time real estate has been on the market is 70.98 days.

Advertised rents are around the $450 mark per week – giving a return of 4.35% based on the median price in Suburb

Metrics i HOUSE UNIT
$537,500 N/A
1.42% N/A
-1.92% N/A
4.11% N/A
$450 N/A
96 N/A
4.35% N/A
70.98 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 4119
Median household income ($/weekly) 1954
Median age of persons 31
Median housing loan repayment ($/monthly) 2331
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 404 9.8
    5-14 years 597 14.5
    25-34 years 821 19.9
    35-44 years 686 16.7
    45-54 years 490 11.9
    Others 1121 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 1539 53.6
    Not Married 954 33.2
    Defacto Relationship 380 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2614 66.0
    Indonesia 125 3.2
    Papua New Guinea 151 3.8
    United Kingdom 282 7.1
    Other 325 8.2
    Others 465 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 62 1.6
    Christianity 2433 63.3
    Hinduism 77 2.0
    Islam 300 7.8
    No Religion 953 24.8
    Others 17 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 86 7.5
    $1,250-$1,499 107 9.4
    $1,500-$1,999 194 17.0
    $2,000-$2,499 167 14.6
    $2,500-$2,999 178 15.6
    Others 409 35.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1565 52.1
    Not in the labour force 646 21.5
    Employed, worked part-time 574 19.1
    Employed, away from work 144 4.8
    Unemployed, looking for work 77 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 270 11.8
    Professionals 382 16.7
    Technicians & trades workers 419 18.4
    Clerical & administrative workers 394 17.3
    Machinery operators & drivers 215 9.4
    Others 602 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 79 7.8
    Infants/Primary 406 40.3
    Secondary 232 23.0
    Technical or Further Educational Institution 108 10.7
    University or other Tertiary Institutions 145 14.4
    Others 38 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3816 98.0
    Semi-detached, row or terrace house, townhouse 73 1.9
    Flat, unit or apartment 4 0.1
    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 850 66.5
    Fully owned 228 17.8
    Rented 193 15.1
    Other tenure type 8 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals