Suburb Profile Report for Gosnells WA (6110)

Gosnells House: Median price $330,000, Annual capital growth 0.79%, Number of sales 275, Weekly median advertised rent $300

Gosnells Unit: Median price $275,000, Annual capital growth -0.34%, Number of sales 16, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Gosnells have tracked just lower than the WA average of -3.78% over the last 12 months.

Across a shorter period, Gosnells, 6110 has seen a median price increase of -1.49% over the last quarter.

Property buyers and investors in Gosnells 6110 should be seeing an average reduction in asking price of around -8.48% . This means that Gosnells is holding prices well when compared to other suburbs in WA.

Residents and property investors in Gosnells have been waiting around 95.01 days to sell a property.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Property investors who have had real estate in Gosnells, 6110 should be 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 -15.71%

A -2.48% growth in median value for property investors in Gosnells,6110 puts this suburb at number 61th in terms of best performing suburbs in WA

Property investors looking for a bargain in Gosnells should be aiming for at least -10.53% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Gosnells being $275000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 5.39%

David Edmonds Information supplied by:

David Edmonds
Gosnells Real Estate

M 0410 411 246
O (08) 93984122

W www.gosnellsrealestate.com.au
E dedmonds@gosnellsrealestate.com.au
Located within easy driving distance to the south-east of the Perth CBD, Gosnells offers affordable living, with plenty of amenities. Good shopping, dining and recreational facilities litter the suburb, while beaches are within 40 minutes for motorists looking to dust off the shackles of the working week. A recent train line relocation is one of a number of major facelifts to take place over the past decade and has led to a number of nearby units rising in value. Full summary

Selling points: Prices in Gosnells are very affordable, especially for a suburb that is still close to the Perth CBD. Local trains and buses provide easy access to shops, markets, cafes, recreational parks and complexes, foothills and various other amenities. Gosnells rates highly for sales among its peers in the City of Gosnells shire, with the highest percentage per annum.

Most sought after properties: Properties in the price range of $270-310,000 are popular, with three and four-bedroom houses and units both available.

Most common properties: Houses ranging in price from as low as $200,000 to as high as $2 million characterise this area.

Top amenities: Transport, good schooling, medical facilities, cafes and restaurants and a number of other amenities.

Local industry and business: Local employment is made up of retail, hospitality, catering, banks, and the real estate industry.

Recent changes: Gosnells had a major recent facelift, including train line relocation and the Albany Highway upgrade, as well as work completed on council buildings and parks. Many units have been built close to the train line due to the zoning situation and the location’s demand.

Best streets: The best area to buy is a personal preference based on people's needs and price range.

Public transport: Multiple bus routes cater for all the main streets. The 25km trip to the CBD only takes around 20 minutes.

Main arteries: Access to the Tonkin Highway has been upgraded, while Roe Highway is nearby and the town centre is on the Albany Highway, which follows the train line straight to the city. Beaches are within 40 minutes, with some of the best being Fremantle, Mandurah and Hillary’s.

Close
Metrics i HOUSE UNIT
$330,000 $275,000
-1.49% -1.79%
-7.04% -15.71%
0.79% -0.34%
$300 $285
275 16
4.73% 5.39%
95.01 90.53

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Gosnells WA
Demographics
Total population 19169
Median household income ($/weekly) 1051
Median age of persons 35
Median housing loan repayment ($/monthly) 1603
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 2337 12.2
    25-34 years 3010 15.7
    35-44 years 2375 12.4
    45-54 years 2332 12.2
    55-64 years 2095 10.9
    Others 7020 36.6
    Age Group
    Census Count Percent(%)
    Not Married 6269 46.2
    Registered Married 5695 42.0
    Defacto Relationship 1597 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 11660 67.0
    Indonesia 489 2.8
    Papua New Guinea 789 4.5
    United Kingdom 2072 11.9
    Other 891 5.1
    Others 1494 8.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 244 1.5
    Christianity 10311 62.6
    Hinduism 208 1.3
    Islam 638 3.9
    No Religion 4873 29.6
    Others 194 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 777 12.4
    $600-$799 633 10.1
    $800-$999 617 9.9
    $1,000-$1,249 663 10.6
    $1,500-$1,999 814 13.0
    Others 2753 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5373 38.4
    Not in the labour force 5119 36.6
    Employed, worked part-time 2317 16.6
    Employed, away from work 602 4.3
    Unemployed, looking for work 566 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 1594 19.2
    Community & personal service workers 899 10.8
    Clerical & administrative workers 1289 15.5
    Machinery operators & drivers 1087 13.1
    Labourers 1125 13.6
    Others 2299 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 251 7.1
    Infants/Primary 1415 40.0
    Secondary 912 25.8
    Technical or Further Educational Institution 446 12.6
    University or other Tertiary Institutions 390 11.0
    Others 127 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15073 86.8
    Flat, unit or apartment 1459 8.4
    Semi-detached, row or terrace house, townhouse 738 4.2
    House or flat attached to a shop, office 96 0.6
    Caravan, cabin, houseboat 7 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2758 40.0
    Rented 2096 30.4
    Fully owned 1902 27.6
    Other tenure type 139 2.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals