Suburb Profile Report for Piara Waters WA (6112)

Piara Waters House: Median price $520,000, Annual capital growth 9.36%, Number of sales 116, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -3.70% for the last year, Piara Waters, 6112 is the 3475th highest performer in Australia in this respect.

Piara Waters,6112 has offered an average of -3.70% return per annum in house price rises to property investors over the last three years.

At number 277th of WA’s most discounted properties, Piara Waters is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 9.36%.

Metrics i HOUSE UNIT
$520,000 N/A
-0.19% N/A
-3.70% N/A
9.36% N/A
$400 N/A
116 N/A
4.00% N/A
106.31 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2593
Median household income ($/weekly) 2208
Median age of persons 28
Median housing loan repayment ($/monthly) 2800
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 302 11.6
    5-14 years 294 11.3
    20-24 years 242 9.3
    25-34 years 836 32.2
    35-44 years 399 15.4
    Others 520 20.1
    Age Group
    Census Count Percent(%)
    Registered Married 1022 55.7
    Not Married 472 25.7
    Defacto Relationship 342 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1409 56.6
    Papua New Guinea 106 4.3
    South Africa 125 5.0
    United Kingdom 280 11.2
    Other 168 6.7
    Others 401 16.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 87 3.6
    Christianity 1567 65.5
    Hinduism 66 2.8
    Islam 37 1.5
    No Religion 613 25.6
    Others 23 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 75 9.5
    $1,500-$1,999 135 17.2
    $2,000-$2,499 156 19.8
    $2,500-$2,999 131 16.6
    $3,000-$3,499 94 11.9
    Others 196 24.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1172 61.1
    Employed, worked part-time 319 16.6
    Not in the labour force 289 15.1
    Employed, away from work 91 4.7
    Unemployed, looking for work 47 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 176 11.1
    Professionals 351 22.2
    Technicians & trades workers 312 19.7
    Community & personal service workers 118 7.5
    Clerical & administrative workers 317 20.0
    Others 309 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 52 9.5
    Infants/Primary 206 37.5
    Secondary 94 17.1
    Technical or Further Educational Institution 75 13.6
    University or other Tertiary Institutions 101 18.4
    Others 22 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2431 98.6
    Semi-detached, row or terrace house, townhouse 35 1.4
    Flat, unit or apartment 0 0.0
    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 708 82.3
    Rented 87 10.1
    Fully owned 62 7.2
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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