Suburb Profile Report for Applecross WA (6153)

Applecross House: Median price $1,265,000, Annual capital growth 1.86%, Number of sales 87, Weekly median advertised rent $600

Applecross Unit: Median price $662,500, Annual capital growth 3.17%, Number of sales 55, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Applecross has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -13.36% to date .

Across a shorter period, Applecross, 6153 has seen a median price increase of -11.85% over the last quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.26% offered to property buyers. Sellers in Applecross itself are offering an average vendor discount of -10.64% to real estate investors.

A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.47%, without taking into account capital value appreciation, which has been averaging out at 1.86%.

Applecross is in the TOP 20% in WA when comparing median price capital growth over the last year. Applecross gave property investors a very good capital gain figure when compared to the rest of the state, with 11.34%.

Taking the average capital gain, or increase in median house value, Applecross,6153 has racked up an average of 11.34% over the period. This ranks it number 815th in the whole country for real estate investors looking at median house price increases.

Applecross, 6153 is offering WA ‘s 4th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this WA.

At number 1420 in a list of fastest selling suburbs, Applecross is in the bottom 10% of suburbs in Australia with an average of days on market 140.9 for properties listed there.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.14%, without taking into account capital value appreciation, which has been averaging out at 3.17%.

HOUSE UNIT
$1,265,000 $662,500
-11.85% 10.42%
-13.36% 11.34%
1.86% 3.17%
$600 $400
87 55
2.47% 3.14%
95.54 140.9

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 6579
Median household income ($/weekly) 2095
Median age of persons 42
Median housing loan repayment ($/monthly) 2900
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 778 11.8
    25-34 years 739 11.2
    35-44 years 772 11.7
    45-54 years 993 15.1
    55-64 years 970 14.7
    Others 2327 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 2677 55.3
    Not Married 1874 38.7
    Defacto Relationship 291 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3667 60.5
    Iraq 157 2.6
    Malta 158 2.6
    United Kingdom 654 10.8
    Other 352 5.8
    Others 1078 17.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 168 2.9
    Christianity 4094 70.0
    Hinduism 89 1.5
    Islam 92 1.6
    No Religion 1335 22.8
    Others 71 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 149 6.9
    $1,500-$1,999 205 9.4
    $2,500-$2,999 369 17.0
    $3,000-$3,499 176 8.1
    $4,000 or more 323 14.9
    Others 949 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1960 38.5
    Not in the labour force 1753 34.5
    Employed, worked part-time 1063 20.9
    Employed, away from work 201 4.0
    Unemployed, looking for work 110 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 641 19.9
    Professionals 1148 35.7
    Community & personal service workers 235 7.3
    Clerical & administrative workers 480 14.9
    Sales 266 8.3
    Others 449 13.9
    Occupation
    Census Count Percent(%)
    Pre-school 77 4.9
    Infants/Primary 492 31.2
    Secondary 371 23.6
    Technical or Further Educational Institution 88 5.6
    University or other Tertiary Institutions 516 32.8
    Others 31 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4294 72.9
    Semi-detached, row or terrace house, townhouse 1030 17.5
    Flat, unit or apartment 566 9.6
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1047 43.9
    Rented 713 29.9
    Being purchased 602 25.3
    Other tenure type 21 0.9
    Tenure Type
Census 2011, ABS
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