Suburb Profile Report for Munster WA (6166)

Munster House: Median price $580,000, Annual capital growth 5.19%, Number of sales 68, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

At number 3401th in the list of Australian suburbs ordered by increase in median house value over the last year, Munster, 6166 is in the BOTTOM 20% with a property value increase of -4.53% recorded in median house prices.

Munster,6166 has offered an average of -4.53% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Munster 6166 should be seeing an average reduction in asking price of around -8.81% . This means that Munster is holding prices well when compared to other suburbs in WA.

Advertised rents are around the $400 mark per week – giving a return of 3.59% based on the median price in Suburb

HOUSE UNIT
$580,000 N/A
1.75% N/A
-4.53% N/A
5.19% N/A
$400 N/A
68 N/A
3.59% N/A
110.96 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (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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