Suburb Profile Report for Salter Point WA (6152)

Salter Point House: Median price $1,040,000, Annual capital growth 3.86%, Number of sales 38, Weekly median advertised rent $570

  • 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 -7.56%

Across a shorter period, Salter Point, 6152 has seen a median price increase of 2.46% over the last quarter.

At number 45th of WA’s most discounted properties, Salter Point is in the bottom 20% of the state/territory when listing in order of most discounted to least.

At number 2721 in a list of fastest selling suburbs, Salter Point is in the bottom 30% of suburbs in Australia with an average of days on market 103.03 for properties listed there.

With the median price for a house in Salter Point being $1040000 and the advertised rent reaching $570 the gross rental yield for property investors calculates out to be 2.85%

HOUSE UNIT
$1,040,000 N/A
2.46% N/A
-7.56% N/A
3.86% N/A
$570 N/A
38 N/A
2.85% N/A
103.03 N/A

Source: CoreLogic

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