Suburb Profile Report for North Lake WA (6163)

North Lake House: Median price $710,000, Annual capital growth 4.90%, Number of sales 11, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -5.06% which means that North Lake, 6163 has not done well for property investors by showing a capital gain of -4.05% over the last year

If we look at median property appreciation over just the last three months, North Lake has given property investors a paper return of -1.05%. This puts Suburb as 200 on a list of fastest fasting appreciating suburbs in WA

North Lake6163 is located in WA which offers an average discount of -8.15% to property investors. North Lake itself is showing figures that indicate -6.32% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

HOUSE UNIT
$710,000 N/A
-1.05% N/A
-4.05% N/A
4.90% N/A
$500 N/A
11 N/A
3.66% N/A
106.5 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1264
Median household income ($/weekly) 2078
Median age of persons 39
Median housing loan repayment ($/monthly) 1974
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 158 12.5
    25-34 years 137 10.8
    35-44 years 162 12.8
    45-54 years 242 19.1
    55-64 years 161 12.7
    Others 404 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 518 52.8
    Not Married 378 38.5
    Defacto Relationship 85 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 791 64.6
    Malta 51 4.2
    Singapore 32 2.6
    United Kingdom 95 7.8
    Other 76 6.2
    Others 180 14.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 4.0
    Christianity 772 65.0
    Islam 20 1.7
    Other Religious Groups 14 1.2
    No Religion 321 27.0
    Others 14 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 36 9.4
    $1,500-$1,999 40 10.4
    $2,000-$2,499 32 8.3
    $2,500-$2,999 75 19.5
    $4,000 or more 33 8.6
    Others 169 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 433 42.6
    Not in the labour force 291 28.6
    Employed, worked part-time 228 22.4
    Employed, away from work 40 3.9
    Unemployed, looking for work 25 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 93 13.3
    Professionals 177 25.2
    Technicians & trades workers 105 15.0
    Clerical & administrative workers 123 17.5
    Sales 65 9.3
    Others 138 19.7
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.4
    Infants/Primary 102 29.7
    Secondary 97 28.2
    Technical or Further Educational Institution 19 5.5
    University or other Tertiary Institutions 98 28.5
    Others 13 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1198 98.3
    Semi-detached, row or terrace house, townhouse 21 1.7
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 208 48.3
    Fully owned 171 39.7
    Rented 49 11.4
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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