Suburb Profile Report for Wattle Grove WA (6107)

Wattle Grove House: Median price $541,000, Annual capital growth 6.17%, Number of sales 67, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Wattle Grove, 6107 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.09%.

The five-year average increase in median property values for Wattle Grove,6107 has given property investors a potential capital gain of 16.66% across each of those five years.

Sellers are offering property buyers an average discount of -6.20% to buyers in Wattle Grove at the moment, which is less than average for the rest of WA.

In the last year 67 properties changed hands in Wattle Grove, which puts it as the 180th most active market in WA when comparing the number of sales per suburb.

Wattle Grove, 6107’s gross rental yield is 4.33%

HOUSE UNIT
$541,000 N/A
-0.55% N/A
-5.09% N/A
6.17% N/A
$450 N/A
67 N/A
4.33% N/A
63.31 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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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
Chart Table
Recent sales & rentals