Suburb Profile Report for Alfred Cove WA (6154)

Alfred Cove House: Median price $740,000, Annual capital growth 1.98%, Number of sales 44, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report

Investment property in Alfred Cove 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 -2.63%

Alfred Cove,6154 was ranked 2391 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Alfred Cove, 6154. Typically our figures indicate that -7.52% is being offered, which puts this WA suburb at 867th most discounted overall in Australia.

In the last year 44 properties changed hands in Alfred Cove, which puts it as the 257th most active market in WA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$740,000 N/A
0.68% N/A
-2.63% N/A
1.98% N/A
$495 N/A
44 N/A
3.48% N/A
59.89 N/A

Source: CoreLogic

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