Suburb Profile Report for Salter Point WA (6152)

Salter Point House: Median price $1,030,000, Annual capital growth 4.31%, Number of sales 43, Weekly median advertised rent $535

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

Source: CoreLogic

  • House Report

Investment property in Salter Point has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.42%

If we look at median property appreciation over just the last three months, Salter Point has given property investors a paper return of 3.00%. This puts Suburb as 38 on a list of fastest fasting appreciating suburbs in WA

Our latest figures would indicate that property sellers in Salter Point are currently offering property investors an average price cut of -9.94% below the asking price at the moment.

Often selling an investment property can take time, and in Salter Point the average time real estate has been on the market is 118.8 days.

The WA suburb of Salter Point, 6152 is in the South Perth local government area.

HOUSE UNIT
$1,030,000 N/A
3.00% N/A
-7.42% N/A
4.31% N/A
$535 N/A
43 N/A
2.70% N/A
118.8 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 2676
Median household income ($/weekly) 1816
Median age of persons 45
Median housing loan repayment ($/monthly) 2800
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 339 12.7
    15-19 years 263 9.8
    35-44 years 248 9.3
    45-54 years 396 14.8
    55-64 years 322 12.0
    Others 1109 41.4
    Age Group
    Census Count Percent(%)
    Registered Married 981 55.6
    Not Married 697 39.5
    Defacto Relationship 86 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1861 71.7
    Malta 81 3.1
    South Africa 41 1.6
    United Kingdom 227 8.7
    Other 103 4.0
    Others 283 10.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 2.3
    Christianity 1931 76.4
    Islam 33 1.3
    Other Religious Groups 24 1.0
    No Religion 468 18.5
    Others 12 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 58 7.6
    $1,500-$1,999 69 9.0
    $2,500-$2,999 102 13.4
    $3,000-$3,499 65 8.5
    $4,000 or more 96 12.6
    Others 373 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 981 45.1
    Employed, worked full-time 684 31.4
    Employed, worked part-time 389 17.9
    Employed, away from work 74 3.4
    Unemployed, looking for work 49 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 195 17.1
    Professionals 406 35.5
    Community & personal service workers 99 8.7
    Clerical & administrative workers 163 14.3
    Sales 96 8.4
    Others 184 16.1
    Occupation
    Census Count Percent(%)
    Pre-school 34 4.5
    Infants/Primary 178 23.7
    Secondary 308 41.0
    Technical or Further Educational Institution 43 5.7
    University or other Tertiary Institutions 170 22.6
    Others 19 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1902 88.6
    Semi-detached, row or terrace house, townhouse 137 6.4
    Flat, unit or apartment 108 5.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 361 43.3
    Being purchased 278 33.4
    Rented 156 18.7
    Other tenure type 38 4.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals