Suburb Profile Report for Mount Richon WA (6112)

Mount Richon House: Median price $437,500, Annual capital growth 0.78%, Number of sales 38, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Mount Richon is an average performer in WA when comparing median price capital growth over the last year. Mount Richon gave property investors a good capital gain figure when compared to the rest of the state, with -1.80%.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Richon comes in at number 343th in WA.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Richon, 6112. Typically our figures indicate that -6.17% is being offered, which puts this WA suburb at 1686th most discounted overall in Australia.

Situated 27.45km from the CBD, Mount Richon is one of Armadale localities in the postcode 6112.

Metrics i HOUSE UNIT
$437,500 N/A
-2.02% N/A
-1.80% N/A
0.78% N/A
$380 N/A
38 N/A
4.52% N/A
85.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2105
Median household income ($/weekly) 1289
Median age of persons 48
Median housing loan repayment ($/monthly) 1950
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 198 9.4
    35-44 years 221 10.5
    45-54 years 370 17.6
    55-64 years 352 16.7
    65-74 years 252 12.0
    Others 712 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 912 58.8
    Not Married 518 33.4
    Defacto Relationship 120 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1147 59.8
    Papua New Guinea 65 3.4
    South Africa 28 1.5
    United Kingdom 485 25.3
    Other 34 1.8
    Others 160 8.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1323 71.9
    No Religion 477 25.9
    Buddhism 26 1.4
    Other Religious Groups 8 0.4
    Islam 7 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 102 15.1
    $800-$999 62 9.2
    $1,500-$1,999 80 11.9
    $2,000-$2,499 61 9.1
    $2,500-$2,999 67 9.9
    Others 302 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 644 39.0
    Not in the labour force 625 37.8
    Employed, worked part-time 285 17.2
    Employed, away from work 62 3.8
    Unemployed, looking for work 37 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 127 12.8
    Professionals 119 12.0
    Technicians & trades workers 204 20.6
    Clerical & administrative workers 167 16.8
    Labourers 104 10.5
    Others 271 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 24 6.9
    Infants/Primary 124 35.7
    Secondary 91 26.2
    Technical or Further Educational Institution 46 13.3
    University or other Tertiary Institutions 44 12.7
    Others 18 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1825 97.4
    Caravan, cabin, houseboat 33 1.8
    Semi-detached, row or terrace house, townhouse 12 0.6
    Flat, unit or apartment 3 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 367 48.8
    Being purchased 322 42.8
    Rented 60 8.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals