Suburb Profile Report for Piara Waters WA (6112)

Piara Waters House: Median price $522,000, Annual capital growth 8.83%, Number of sales 127, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

Giving property investors a an unimpressive capital gain of -0.67% for the last year, Piara Waters, 6112 is the 3202th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Piara Waters has given property investors a paper return of 0.68%. This puts Suburb as 123 on a list of fastest fasting appreciating suburbs in WA

Our latest figures would indicate that property sellers in Piara Waters are currently offering property investors an average price cut of -7.00% below the asking price at the moment.

Residents and property investors in Piara Waters have been waiting around 100.14 days to sell a property.

Advertised rents are around the $410 mark per week – giving a return of 4.08% based on the median price in Suburb

Metrics i HOUSE UNIT
$522,000 N/A
0.68% N/A
-0.67% N/A
8.83% N/A
$410 N/A
127 N/A
4.08% N/A
100.14 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Poor (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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