Suburb Profile Report for Shoalwater WA (6169)

Shoalwater House: Median price $445,000, Annual capital growth -0.02%, Number of sales 79, Weekly median advertised rent $320

Shoalwater Unit: Median price $245,000, Annual capital growth 0.46%, Number of sales 26, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -3.26% for the last 12 months, Shoalwater, 6169 has performed for property investments than its average annual -0.02% property growth over the last 5 years.

Shoalwater,6169 has offered an average of -3.26% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Shoalwater is giving property investors an average Vendor Discount of around -9.40%. This puts suburb at number 87th in WA when ranking the most discounted suburbs.

On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.

Shoalwater, 6169’s gross rental yield is 3.74%

Over the last year, property investments in Shoalwater, 6169 have given investors a capital gain of -13.27%. This compares badly with the -5.01% for WA as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shoalwater has increased when compared to the 5 year average annual rate.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.93% offered to property buyers. Sellers in Shoalwater itself are offering an average vendor discount of -13.22% to real estate investors.

Shoalwater is 30th on a list of best yielding suburbs for rents in WA with a 5.09% return

Metrics i HOUSE UNIT
$445,000 $245,000
-0.56% -1.61%
-3.26% -13.27%
-0.02% 0.46%
$320 $240
79 26
3.74% 5.09%
122.83 142.04

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3846
Median household income ($/weekly) 931
Median age of persons 45
Median housing loan repayment ($/monthly) 1950
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 417 10.8
    35-44 years 434 11.3
    45-54 years 527 13.7
    55-64 years 483 12.6
    65-74 years 455 11.8
    Others 1530 39.8
    Age Group
    Census Count Percent(%)
    Registered Married 1243 45.3
    Not Married 1206 44.0
    Defacto Relationship 292 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2352 65.3
    Papua New Guinea 165 4.6
    South Africa 67 1.9
    United Kingdom 707 19.6
    Other 98 2.7
    Others 214 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 1.2
    Christianity 2444 70.3
    Islam 22 0.6
    Other Religious Groups 14 0.4
    No Religion 946 27.2
    Others 8 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 142 9.9
    $400-$599 209 14.6
    $600-$799 149 10.4
    $1,500-$1,999 150 10.5
    $2,500-$2,999 129 9.0
    Others 654 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1368 44.5
    Employed, worked full-time 986 32.1
    Employed, worked part-time 457 14.9
    Employed, away from work 150 4.9
    Unemployed, looking for work 110 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 242 15.2
    Technicians & trades workers 331 20.8
    Community & personal service workers 170 10.7
    Clerical & administrative workers 234 14.7
    Sales 159 10.0
    Others 456 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 46 7.1
    Infants/Primary 233 36.2
    Secondary 164 25.5
    Technical or Further Educational Institution 72 11.2
    University or other Tertiary Institutions 106 16.5
    Others 23 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2586 76.4
    Semi-detached, row or terrace house, townhouse 510 15.1
    Flat, unit or apartment 290 8.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 653 41.2
    Fully owned 510 32.2
    Being purchased 415 26.2
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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