Suburb Profile Report for Cockburn Central WA (6164)

Cockburn Central Unit: Median price $398,500, Annual capital growth -0.39%, Number of sales 28, Weekly median advertised rent $380

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

Source: CoreLogic

  • Unit Report
  • Expert Report

At number 1609th in the list of Australian suburbs ordered by increase in median house value over the last year, Cockburn Central, 6164 is in the BOTTOM 10% with a property value increase of -12.22% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Cockburn Central comes in at number 75th in WA.

LACK OF BUYER INTEREST may well be the reason that Cockburn Central is offering property investors an average of -7.57. This rate of discount on properties puts Suburb at number 79th in terms of most discounted suburbs in WA

Using the current median advertised rental of $380 and the average annual increase in value of a median property of -0.39%, investors should hope to achieve an overall return of 4.96%

Lindsay Robeson Information supplied by:

Lindsay Robeson
Ray White

M 0894997488
O 0427531145

W raywhiterobeson.com.au
E Lindsay.robeson@raywhite.com
Cockburn Central, 6164 is offering WA's 346th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.

Often selling an investment property can take time, and in Cockburn Central the average time real estate has been on the market is 68.75 days.Full summary
Cockburn Central, 6164 is offering WA's 346th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.
 
Often selling an investment property can take time, and in Cockburn Central the average time real estate has been on the market is 68.75 days.
 
Selling points: 
  • Growing Major centre on southern outskirts of the city
  • Growing Suburb in Southern corridor with excellent access via public transport 
 
Most sought-after properties:  Cross Section
 
Most common properties:  Cross Section
 
Top amenities: Huge Shopping Centre, (Currently being further developed), Mixture of high and low density living
 
Local industry and business: Cross Section. Retails and a very large, and developing, industrial area 
 
Recent changes: Continually being changed by a very progressive City Council
Best streets: Varied
 
Public transport: Bus, Train, Taxi
 
Main arteries: Kwinana Freeway

 

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HOUSE UNIT
N/A $398,500
N/A -0.25%
N/A -12.22%
N/A -0.39%
N/A $380
N/A 28
N/A 4.96%
N/A 85.82

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
Find a mortgage broker in Cockburn Central WA
Demographics
Total population 695
Median household income ($/weekly) 1618
Median age of persons 31
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 81 11.6
    20-24 years 76 10.9
    25-34 years 150 21.6
    35-44 years 116 16.7
    45-54 years 96 13.8
    Others 177 25.4
    Age Group
    Census Count Percent(%)
    Not Married 230 44.9
    Registered Married 213 41.6
    Defacto Relationship 69 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 399 61.3
    Papua New Guinea 47 7.2
    Philippines 20 3.1
    United Kingdom 49 7.5
    Other 33 5.1
    Others 103 15.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 2.2
    Christianity 403 63.9
    Hinduism 8 1.3
    Islam 8 1.3
    No Religion 191 30.3
    Others 7 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 23 9.8
    $1,250-$1,499 23 9.8
    $1,500-$1,999 53 22.6
    $2,000-$2,499 27 11.5
    $2,500-$2,999 24 10.3
    Others 84 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 285 53.9
    Not in the labour force 106 20.0
    Employed, worked part-time 93 17.6
    Employed, away from work 31 5.9
    Unemployed, looking for work 14 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 49 12.1
    Professionals 66 16.3
    Technicians & trades workers 85 21.0
    Clerical & administrative workers 61 15.1
    Sales 37 9.2
    Others 106 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 11 8.2
    Infants/Primary 46 34.3
    Secondary 33 24.6
    Technical or Further Educational Institution 15 11.2
    University or other Tertiary Institutions 23 17.2
    Others 6 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 299 46.6
    Flat, unit or apartment 178 27.7
    Separate house 165 25.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 115 43.4
    Being purchased 104 39.2
    Fully owned 46 17.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals