Suburb Profile Report for White Gum Valley WA (6162)

White Gum Valley House: Median price $700,000, Annual capital growth 5.13%, Number of sales 46, Weekly median advertised rent $498

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

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in White Gum Valley has done pretty 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 -3.11%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in White Gum Valley has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in White Gum Valley should be aiming for at least -8.18% off the asking price, which is the average vendor discount being achieved at the moment.

Rommel Niblett Information supplied by:

Rommel Niblett
Caporn Young

M (08) 9385 5559
O 0439 911 637

W http://www.capornyoung.com.au/home/
E romm@capornyoung.com.au
White Gum Valley is a relatively small suburb that is often over looked and very under rated. With roughly 1200 homes and just over 1600 residents, it is a “valley” like suburb covered in many public open spaces such as small family parks and is adjacent to sporting fields, golf courses, man made lakes and walking tracks. Families will like the quiet streets and the green tree covered gardens. Investment wise it has reasonable rental returns and steady growth.Full summary
White Gum Valley is a relatively small suburb that is often over looked and very under rated. With roughly 1200 homes and just over 1600 residents, it is a “valley” like suburb covered in many public open spaces such as small family parks and is adjacent to sporting fields, golf courses, man made lakes and walking tracks.  Families will like the quiet streets and the green tree covered gardens. Investment wise it has reasonable rental returns and steady growth.
 
Selling points: Primary School, proximity to everything (beach, shops, river, infrastructure)
 
Most sought-after properties:   Family homes or character homes with charm
 
Most common properties:  Fibro cottages
 
Top amenities: Small parks, kindergartens, primary school and Minilya St shops and Cafes
 
Local industry and business:  No real industry except the cute local shops
 
Recent changes: Some R-Code changes have made it more desirable for investors and developers
 
Best streets: Yilgarn St, Wood St and Mulberry Farm Ln
 
Public transport: Buses 98, 99, 101
 
Main arteries: Carrington  St, South St
 
Close
HOUSE UNIT
$700,000 N/A
0.00% N/A
-3.11% N/A
5.13% N/A
$498 N/A
46 N/A
3.70% N/A
89.44 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
Find a mortgage broker in White Gum Valley WA
Demographics
Total population 2734
Median household income ($/weekly) 1190
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 325 11.9
    25-34 years 367 13.4
    35-44 years 477 17.4
    45-54 years 408 14.9
    55-64 years 329 12.0
    Others 828 30.3
    Age Group
    Census Count Percent(%)
    Not Married 934 46.6
    Registered Married 807 40.2
    Defacto Relationship 264 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1765 67.9
    Japan 163 6.3
    Papua New Guinea 56 2.2
    United Kingdom 229 8.8
    Other 163 6.3
    Others 222 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 57 2.3
    Christianity 1305 52.7
    Islam 15 0.6
    Other Religious Groups 17 0.7
    No Religion 1065 43.0
    Others 18 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 106 10.7
    $400-$599 85 8.6
    $1,500-$1,999 103 10.4
    $2,000-$2,499 87 8.8
    $2,500-$2,999 106 10.7
    Others 507 51.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 792 37.2
    Not in the labour force 713 33.5
    Employed, worked part-time 491 23.1
    Employed, away from work 74 3.5
    Unemployed, looking for work 59 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 162 11.9
    Professionals 445 32.7
    Technicians & trades workers 202 14.9
    Community & personal service workers 127 9.3
    Clerical & administrative workers 157 11.5
    Others 267 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 60 9.8
    Infants/Primary 211 34.4
    Secondary 123 20.0
    Technical or Further Educational Institution 60 9.8
    University or other Tertiary Institutions 146 23.8
    Others 14 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2153 84.4
    Semi-detached, row or terrace house, townhouse 258 10.1
    Flat, unit or apartment 140 5.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 395 36.3
    Being purchased 384 35.3
    Fully owned 300 27.6
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals