Suburb Profile Report for Warnbro WA (6169)

Warnbro House: Median price $335,500, Annual capital growth -0.42%, Number of sales 150, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Warnbro 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 -11.71%

The five-year average increase in median property values for Warnbro,6169 has given property investors a potential capital gain of 1.67% across each of those five years.

Property investors looking for a bargain in Warnbro should be aiming for at least -8.51% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 12.50 sales per month, which equates to 150 per year.

Warnbro, 6169’s gross rental yield is 5.11%

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Warnbro is one of the few Perth suburbs where it is still possible to get an ocean side house for around $300,000. This, coupled with its easy access to the CBD, good schools, roads and other amenities, should see demand pick up.

Full summary

Warnbro is one of the few Perth suburbs where it is still possible to get an ocean side house for around $300,000. This, coupled with its easy access to the CBD, good schools, roads and other amenities, should see demand pick up. 

“It’s probably about time for Warnbro to start growing again,” says Liz Sterzel, Property Wizards buyer’s agent. “It has got a lot to offer families who value lifestyle choices. It is easy to get to Perth, but there are also plenty of employment opportunities in the area and it’s a nice coastal suburb.” 

Sterzel expects modest price increases in the short term, but says that in the longer term it could be a strong place for buying and holding. As part of Rockingham Shire, the area has plenty of schools, roads and other amenities and offers good family homes. Shopping centres abound and Warnbro Sound, the suburb’s beach, is one of Perth most beautiful. 

Best street(s):   Cannes Place: a quiet Cul de saq close to the beach and train station.

Close
Metrics i HOUSE UNIT
$335,500 N/A
-3.87% N/A
-11.71% N/A
-0.42% N/A
$330 N/A
150 N/A
5.11% N/A
117.03 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 11101
Median household income ($/weekly) 1328
Median age of persons 32
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1653 14.9
    25-34 years 1489 13.4
    35-44 years 1562 14.1
    45-54 years 1626 14.6
    55-64 years 1011 9.1
    Others 3760 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 3374 44.1
    Not Married 3195 41.7
    Defacto Relationship 1086 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7285 69.9
    Papua New Guinea 569 5.5
    South Africa 122 1.2
    United Kingdom 1727 16.6
    Other 219 2.1
    Others 497 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 119 1.2
    Christianity 6015 61.3
    Islam 49 0.5
    Other Religious Groups 51 0.5
    No Religion 3549 36.2
    Others 34 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 333 10.2
    $1,000-$1,249 298 9.2
    $1,250-$1,499 310 9.5
    $1,500-$1,999 486 14.9
    $2,500-$2,999 314 9.7
    Others 1512 46.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3142 39.1
    Not in the labour force 2590 32.2
    Employed, worked part-time 1536 19.1
    Employed, away from work 386 4.8
    Unemployed, looking for work 381 4.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 562 11.1
    Technicians & trades workers 1092 21.6
    Community & personal service workers 578 11.4
    Clerical & administrative workers 653 12.9
    Labourers 661 13.1
    Others 1518 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 167 6.5
    Infants/Primary 1056 41.0
    Secondary 745 28.9
    Technical or Further Educational Institution 275 10.7
    University or other Tertiary Institutions 273 10.6
    Others 61 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9948 97.0
    Flat, unit or apartment 231 2.3
    Semi-detached, row or terrace house, townhouse 69 0.7
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1675 45.3
    Rented 1181 31.9
    Fully owned 833 22.5
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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