Suburb Profile Report for Munster WA (6166)

Munster House: Median price $575,000, Annual capital growth 3.84%, Number of sales 66, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report

With a capital gain of -5.74% for the last 12 months, Munster, 6166 has performed for property investments than its average annual 3.84% property growth over the last 5 years.

Munster,6166 was ranked 2600 in Australia by increase in median property value over the quarter.

Munster6166 is located in WA which offers an average discount of -8.26% to property investors. Munster itself is showing figures that indicate -9.45% is the average achievable by property buyers investing in the suburb.

At number 3161 in a list of fastest selling suburbs, Munster is in the bottom 20% of suburbs in Australia with an average of days on market 120.34 for properties listed there.

A $397.5 per week rent on the median house gives suburb investors a gross yield of circa 3.59%, without taking into account capital value appreciation, which has been averaging out at 3.84%.

HOUSE UNIT
$575,000 N/A
0.00% N/A
-5.74% N/A
3.84% N/A
$398 N/A
66 N/A
3.59% N/A
120.34 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 3474
Median household income ($/weekly) 1400
Median age of persons 39
Median housing loan repayment ($/monthly) 2015
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 402 11.6
    25-34 years 401 11.5
    35-44 years 491 14.1
    45-54 years 575 16.5
    55-64 years 395 11.4
    Others 1211 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 1386 53.2
    Not Married 1043 40.0
    Defacto Relationship 177 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2295 69.6
    Egypt 105 3.2
    Japan 85 2.6
    United Kingdom 313 9.5
    Other 153 4.6
    Others 345 10.5
    Country of Birth
    Census Count Percent(%)
    Christianity 2579 80.4
    No Religion 580 18.1
    Buddhism 20 0.6
    Islam 17 0.5
    Other Religious Groups 12 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 116 10.8
    $1,250-$1,499 91 8.5
    $1,500-$1,999 133 12.4
    $2,000-$2,499 113 10.5
    $2,500-$2,999 115 10.7
    Others 504 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1122 41.3
    Not in the labour force 852 31.3
    Employed, worked part-time 539 19.8
    Employed, away from work 130 4.8
    Unemployed, looking for work 75 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 183 10.2
    Professionals 233 13.0
    Technicians & trades workers 367 20.5
    Clerical & administrative workers 323 18.0
    Sales 190 10.6
    Others 496 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 49 6.8
    Infants/Primary 242 33.4
    Secondary 227 31.4
    Technical or Further Educational Institution 66 9.1
    University or other Tertiary Institutions 125 17.3
    Others 15 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3067 94.2
    Semi-detached, row or terrace house, townhouse 118 3.6
    Flat, unit or apartment 51 1.6
    Caravan, cabin, houseboat 20 0.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 513 42.4
    Being purchased 487 40.2
    Rented 207 17.1
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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