Suburb Profile Report for Munster WA (6166)

Munster House: Median price $560,000, Annual capital growth 3.15%, Number of sales 55, Weekly median advertised rent $395

  • 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 -9.31%

Across a shorter period, Munster, 6166 has seen a median price increase of -2.61% over the last quarter.

Vendor discounting in Munster is giving property investors an average Vendor Discount of around -9.06%. This puts suburb at number 109th in WA when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

Metrics i HOUSE UNIT
$560,000 N/A
-2.61% N/A
-9.31% N/A
3.15% N/A
$395 N/A
55 N/A
3.67% N/A
121.24 N/A

Source: CoreLogic

DSR Score for property investment : Below 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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