Suburb Profile Report for Hammond Park WA (6164)

Hammond Park House: Median price $525,000, Annual capital growth 8.98%, Number of sales 51, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -8.70% for the last year, Hammond Park, 6164 is the 3759th highest performer in Australia in this respect.

Over the longer term, Hammond Park has seen property prices show investors a -3.23% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Hammond Park is $525000, with sellers offering an average of -7.55% off the asking price.

Often selling an investment property can take time, and in Hammond Park the average time real estate has been on the market is 95.34 days.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 8.98%.

HOUSE UNIT
$525,000 N/A
-2.96% N/A
-8.70% N/A
8.98% N/A
$420 N/A
51 N/A
4.16% N/A
95.34 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 2434
Median household income ($/weekly) 2137
Median age of persons 29
Median housing loan repayment ($/monthly) 2535
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 293 12.0
    5-14 years 307 12.6
    25-34 years 678 27.9
    35-44 years 411 16.9
    45-54 years 219 9.0
    Others 526 21.6
    Age Group
    Census Count Percent(%)
    Registered Married 941 57.0
    Not Married 448 27.2
    Defacto Relationship 261 15.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1439 63.5
    Papua New Guinea 65 2.9
    South Africa 82 3.6
    United Kingdom 249 11.0
    Other 143 6.3
    Others 289 12.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 2.4
    Christianity 1459 66.9
    Hinduism 24 1.1
    Islam 19 0.9
    No Religion 609 27.9
    Others 17 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 55 7.6
    $1,500-$1,999 110 15.2
    $2,000-$2,499 131 18.0
    $2,500-$2,999 125 17.2
    $3,000-$3,499 67 9.2
    Others 238 32.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 988 57.8
    Employed, worked part-time 320 18.7
    Not in the labour force 282 16.5
    Employed, away from work 92 5.4
    Unemployed, looking for work 26 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 12.3
    Professionals 277 19.8
    Technicians & trades workers 244 17.4
    Clerical & administrative workers 253 18.1
    Sales 128 9.1
    Others 327 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 63 11.8
    Infants/Primary 186 34.7
    Secondary 129 24.1
    Technical or Further Educational Institution 51 9.5
    University or other Tertiary Institutions 94 17.5
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2006 89.9
    Semi-detached, row or terrace house, townhouse 192 8.6
    Flat, unit or apartment 34 1.5
    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 571 70.4
    Rented 146 18.0
    Fully owned 91 11.2
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals