Suburb Profile Report for Parmelia WA (6167)

Parmelia House: Median price $282,500, Annual capital growth 1.40%, Number of sales 88, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report

Investment property in Parmelia 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 -11.72%

Comparing Parmelia,6167 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 183th of WA’s most discounted properties, Parmelia is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Parmelia the average time real estate has been on the market is 94.1 days.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.71%, without taking into account capital value appreciation, which has been averaging out at 1.40%.

HOUSE UNIT
$282,500 N/A
-4.24% N/A
-11.72% N/A
1.40% N/A
$310 N/A
88 N/A
5.71% N/A
94.1 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 6147
Median household income ($/weekly) 1063
Median age of persons 33
Median housing loan repayment ($/monthly) 1495
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 868 14.1
    25-34 years 954 15.5
    35-44 years 871 14.2
    45-54 years 782 12.7
    55-64 years 665 10.8
    Others 2008 32.7
    Age Group
    Census Count Percent(%)
    Not Married 1920 44.4
    Registered Married 1751 40.5
    Defacto Relationship 652 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3947 70.1
    Papua New Guinea 285 5.1
    Philippines 108 1.9
    United Kingdom 753 13.4
    Other 172 3.1
    Others 367 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 79 1.5
    Christianity 3277 61.8
    Islam 52 1.0
    Other Religious Groups 67 1.3
    No Religion 1816 34.2
    Others 15 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 230 11.8
    $600-$799 208 10.7
    $800-$999 207 10.6
    $1,000-$1,249 202 10.4
    $1,500-$1,999 282 14.5
    Others 815 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1640 37.3
    Not in the labour force 1604 36.4
    Employed, worked part-time 685 15.6
    Unemployed, looking for work 257 5.8
    Employed, away from work 215 4.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 501 19.7
    Community & personal service workers 299 11.8
    Clerical & administrative workers 301 11.8
    Machinery operators & drivers 373 14.7
    Labourers 410 16.1
    Others 658 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 103 8.9
    Infants/Primary 480 41.6
    Secondary 312 27.1
    Technical or Further Educational Institution 137 11.9
    University or other Tertiary Institutions 100 8.7
    Others 21 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5512 96.0
    Semi-detached, row or terrace house, townhouse 140 2.4
    Flat, unit or apartment 90 1.6
    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 995 45.6
    Rented 693 31.8
    Fully owned 485 22.2
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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