Suburb Profile Report for Munster WA (6166)

Munster House: Median price $565,000, Annual capital growth 4.05%, Number of sales 65, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report

Investment property in Munster has done 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 -8.50%

Taking the average capital gain, or increase in median house value, Munster,6166 has racked up an average of -8.50% over the period. This ranks it number 2900th in the whole country for real estate investors looking at median house price increases.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Munster itself are offering an average vendor discount of -9.46% to real estate investors.

Munster, 6166’s gross rental yield is 3.66%

HOUSE UNIT
$565,000 N/A
-2.59% N/A
-8.50% N/A
4.05% N/A
$398 N/A
65 N/A
3.66% N/A
121.49 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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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