Suburb Profile Report for Myaree WA (6154)

Myaree House: Median price $690,000, Annual capital growth 3.86%, Number of sales 29, Weekly median advertised rent $450

Myaree Unit: Median price $399,000, Annual capital growth -3.86%, Number of sales 11, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -4.83% for the last year, Myaree, 6154 is the 3433th highest performer in Australia in this respect.

While Myaree,6154 ranked number 89th in WA for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.

At number 313th of WA’s most discounted properties, Myaree is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Myaree, 6154’s gross rental yield is 3.39%

Myaree, 6154 ranked 52th in WA when comparing growth in median property values or capital gain over the last 12 months. Myaree is one of 1662 in our list for WA

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 Myaree, 6154. Typically our figures indicate that -7.85% is being offered, which puts this WA suburb at 173th most discounted overall in Australia.

At number 1043 in a list of fastest selling suburbs, Myaree is in the bottom 30% of suburbs in Australia with an average of days on market 94.84 for properties listed there.

Advertised rents are around the $360 mark per week – giving a return of 4.69% based on the median price in Suburb

HOUSE UNIT
$690,000 $399,000
1.32% 1.79%
-4.83% -3.86%
3.86% -3.86%
$450 $360
29 11
3.39% 4.69%
65.13 94.84

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1896
Median household income ($/weekly) 1092
Median age of persons 41
Median housing loan repayment ($/monthly) 2000
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 244 12.9
    25-34 years 219 11.5
    35-44 years 285 15.0
    45-54 years 217 11.4
    75-84 years 202 10.6
    Others 730 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 636 46.1
    Not Married 622 45.1
    Defacto Relationship 121 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1296 71.4
    Iraq 25 1.4
    Papua New Guinea 39 2.1
    United Kingdom 202 11.1
    Other 73 4.0
    Others 179 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.3
    Christianity 1184 67.4
    Hinduism 8 0.5
    Islam 10 0.6
    No Religion 526 30.0
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 83 11.6
    $400-$599 85 11.9
    $800-$999 66 9.2
    $1,500-$1,999 79 11.0
    $2,500-$2,999 76 10.6
    Others 326 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 604 41.3
    Employed, worked full-time 505 34.5
    Employed, worked part-time 272 18.6
    Employed, away from work 49 3.3
    Unemployed, looking for work 34 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 103 12.4
    Professionals 200 24.2
    Technicians & trades workers 126 15.2
    Clerical & administrative workers 145 17.5
    Sales 71 8.6
    Others 183 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 26 6.3
    Infants/Primary 177 42.7
    Secondary 94 22.7
    Technical or Further Educational Institution 32 7.7
    University or other Tertiary Institutions 80 19.3
    Others 6 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1452 83.4
    Semi-detached, row or terrace house, townhouse 286 16.4
    Flat, unit or apartment 4 0.2
    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 334 42.5
    Being purchased 251 32.0
    Rented 168 21.4
    Other tenure type 32 4.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals