Suburb Profile Report for Shoalwater WA (6169)

Shoalwater House: Median price $455,000, Annual capital growth 1.45%, Number of sales 62, Weekly median advertised rent $350

Shoalwater Unit: Median price $248,000, Annual capital growth 2.22%, Number of sales 37, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Shoalwater, 6169 ranked 121th in WA when comparing growth in median property values or capital gain over the last 12 months. Shoalwater is one of 1662 in our list for WA

The five-year average increase in median property values for Shoalwater,6169 has given property investors a potential capital gain of 12.35% across each of those five years.

Property buyers and investors in Shoalwater 6169 should be seeing an average reduction in asking price of around -7.27% . This means that Shoalwater is holding prices well when compared to other suburbs in WA.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

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 -14.48%

Taking the average capital gain, or increase in median house value, Shoalwater,6169 has racked up an average of -14.48% over the period. This ranks it number 1387th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Shoalwater is giving property investors an average Vendor Discount of around -9.28%. This puts suburb at number 27th in WA when ranking the most discounted suburbs.

In the last year 37 properties changed hands in Shoalwater, which puts it as the 46th most active market in WA when comparing the number of sales per suburb.

Shoalwater is 20th on a list of best yielding suburbs for rents in WA with a 5.24% return

Metrics i HOUSE UNIT
$455,000 $248,000
-2.15% -0.80%
-1.62% -14.48%
1.45% 2.22%
$350 $250
62 37
4.00% 5.24%
99.33 79.46

Source: CoreLogic

DSR Score for property investment : Below average (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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