Suburb Profile Report for Mount Richon WA (6112)

Mount Richon House: Median price $435,000, Annual capital growth 3.02%, Number of sales 29, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -12.12% for the last year, Mount Richon, 6112 is the 3884th highest performer in Australia in this respect.

Vendor discounting in Mount Richon is giving property investors an average Vendor Discount of around -6.24%. This puts suburb at number 320th in WA when ranking the most discounted suburbs.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.02%, investors should hope to achieve an overall return of 4.54%

HOUSE UNIT
$435,000 N/A
N/A N/A
-12.12% N/A
3.02% N/A
$380 N/A
29 N/A
4.54% N/A
78.82 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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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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