Suburb Profile Report for Shoalwater WA (6169)

Shoalwater House: Median price $433,500, Annual capital growth 0.52%, Number of sales 72, Weekly median advertised rent $330

Shoalwater Unit: Median price $250,000, Annual capital growth 1.23%, Number of sales 33, Weekly median advertised rent $248

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Shoalwater 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 -6.27%

Over the longer term, Shoalwater has seen property prices show investors a -15.83% return over the last 3 years. This is an improvement over the last 12 months

Vendor discounting in Shoalwater is giving property investors an average Vendor Discount of around -8.41%. This puts suburb at number 145th in WA when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

WA has seen average median house prices change by -4.86% which means that Shoalwater, 6169 has not done well for property investors by showing a capital gain of -13.79% over the last year

Over the longer term, Shoalwater has seen property prices show investors a -7.06% return over the last 3 years. This is worse than over the last 12 months

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.71% offered to property buyers. Sellers in Shoalwater itself are offering an average vendor discount of -12.12% to real estate investors.

Advertised rents are around the $247.5 mark per week – giving a return of 5.15% based on the median price in Suburb

Metrics i HOUSE UNIT
$433,500 $250,000
-6.77% 0.81%
-6.27% -13.79%
0.52% 1.23%
$330 $248
72 33
3.96% 5.15%
116.04 129.51

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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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