Suburb Profile Report for Alfred Cove WA (6154)

Alfred Cove House: Median price $730,000, Annual capital growth 3.16%, Number of sales 40, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report

At number 3997th in the list of Australian suburbs ordered by increase in median house value over the last year, Alfred Cove, 6154 is in the BOTTOM 10% with a property value increase of -14.12% recorded in median house prices.

While Alfred Cove,6154 ranked number 312th in WA for increase in median house value (annualised) increase, it is ranked 182th over the last 5 years.

Vendor discounting in Alfred Cove is giving property investors an average Vendor Discount of around -7.57%. This puts suburb at number 210th in WA when ranking the most discounted suburbs.

Residents and property investors in Alfred Cove have been waiting around 64.82 days to sell a property.

Advertised rents are around the $520 mark per week – giving a return of 3.70% based on the median price in Suburb

Metrics i HOUSE UNIT
$730,000 N/A
-2.67% N/A
-14.12% N/A
3.16% N/A
$520 N/A
40 N/A
3.70% N/A
64.82 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2304
Median household income ($/weekly) 1710
Median age of persons 39
Median housing loan repayment ($/monthly) 2400
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 291 12.6
    25-34 years 287 12.5
    35-44 years 357 15.5
    45-54 years 348 15.1
    55-64 years 221 9.6
    Others 801 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 981 57.3
    Not Married 615 35.9
    Defacto Relationship 116 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1578 71.2
    Papua New Guinea 46 2.1
    South Africa 46 2.1
    United Kingdom 226 10.2
    Other 85 3.8
    Others 234 10.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 1.7
    Christianity 1505 70.8
    Islam 15 0.7
    Other Religious Groups 13 0.6
    No Religion 541 25.5
    Others 14 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 68 8.7
    $1,500-$1,999 76 9.8
    $2,500-$2,999 115 14.8
    $3,000-$3,499 68 8.7
    $4,000 or more 69 8.9
    Others 382 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 752 42.6
    Not in the labour force 536 30.4
    Employed, worked part-time 372 21.1
    Employed, away from work 59 3.3
    Unemployed, looking for work 47 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 198 16.7
    Professionals 343 28.9
    Technicians & trades workers 140 11.8
    Community & personal service workers 102 8.6
    Clerical & administrative workers 188 15.9
    Others 215 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 35 6.5
    Infants/Primary 202 37.6
    Secondary 113 21.0
    Technical or Further Educational Institution 38 7.1
    University or other Tertiary Institutions 140 26.1
    Others 9 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2001 91.1
    Semi-detached, row or terrace house, townhouse 130 5.9
    Flat, unit or apartment 66 3.0
    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 353 41.1
    Being purchased 318 37.0
    Rented 188 21.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals