Suburb Profile Report for Pinjarra WA (6208)

Pinjarra House: Median price $380,000, Annual capital growth 6.11%, Number of sales 69, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Expert Report

With a capital gain of 5.70% for the last 12 months, Pinjarra, 6208 has performed for property investments than its average annual 6.11% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Pinjarra,6208 has racked up an average of 5.70% over the period. This ranks it number 2385th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Pinjarra 6208 should be seeing an average reduction in asking price of around -7.36% . This means that Pinjarra is holding prices well when compared to other suburbs in WA.

Pinjarra, 6208’s gross rental yield is 4.45%

Andrew Butterly Information supplied by:

Andrew Butterly
Green House Realty

M (08) 95311444
O 0410 588 803

W www.greenhouserealty.com.au
E andrew@greenhouserealty.com.au
Pinjarra is in Western Australia's Peel region, on the banks of the Murray River, 87km south of Perth.
A hive of activity has been underway in recent years, with a major new shopping centre put into place, facelifts for the many local sports and recreation facilities and a number of upgrades to major arteries leading to Perth, Bunbury and Mandurah.
A brand new estate has been built near the town centre, with properties being snapped up fast.
Full summary

Selling points: Pinjarra is the centre of the Peel region. It has a great country atmosphere, with plenty of new infrastructure such as the Coles shopping centre, recreation centre upgrade and new sports amenities. With a population of approximately 17,000 people, the Shire of Murray continues to be in the top 10 fastest growing localities in the nation. By the year 2031, population forecasts suggest Murray will be home to over 45,000 residents.  

 Most sought after properties: Brick and tile homes with four bedrooms and two bathrooms, double garages and on a range of block sizes are popular, depending on the buyer type. Recently, cottage blocks with three bedrooms and two bathrooms are also proving popular.

Most common properties:  Large to medium-sized homes on decent blocks. Rural and lifestyle blocks are also available.

Top amenities: The area has high quality public schools and a major modern shopping village, which includes Coles. The suburb has lots of history, plenty of lifestyle choices and hobbies to entertain all. A new swimming pool, hockey oval and upgraded football fields have sprung up, as well as a new lifestyle village.

Local industry and business: The economic base of the Shire is strongly influenced by the Alumina refining at Pinjarra, with more than a third of all jobs carried out in the Shire of Murray associated with this industry. Other important industries include construction (driven by housing growth in the region) and other services, such as retail trade, education and health. Agriculture and forestry are the dominant land uses, but only employ less than 10% of the population.

Recent changes: Over the last 10 years there have been many improvements, including facelifts for most sporting grounds and complexes, a new shopping centre and new land subdivisions. A new freeway from Perth has been built, as well as a highway to Bunbury and a train station 20 minutes away in Mandurah.

Best streets: Pinjarra Meadows is a new estate located close to the town centre between the Pinjarra Golf Club, the Murray River, farm land and the Raven Winery. There are only 143 blocks and the homes already in place are good quality and new. 

Public transport: Local transport is currently poor. A bus service is planned, as well as a number of other improvements.

Main arteries: Its close proximity to the Freeway offers easy access to Perth (50mins), while a highway takes drivers to Bunbury and a state of the art transportation network means the City of Mandurah is only 15 minutes away.

Close
HOUSE UNIT
$380,000 N/A
2.70% N/A
5.70% N/A
6.11% N/A
$325 N/A
69 N/A
4.45% N/A
139.38 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
Find a mortgage broker in Pinjarra WA
Demographics
Total population 4255
Median household income ($/weekly) 904
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 675 15.9
    25-34 years 499 11.7
    35-44 years 507 11.9
    45-54 years 524 12.3
    55-64 years 503 11.8
    Others 1547 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 1396 48.7
    Not Married 1116 39.0
    Defacto Relationship 352 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3262 81.1
    New Zealand 34 0.8
    Papua New Guinea 93 2.3
    United Kingdom 447 11.1
    Other 32 0.8
    Others 152 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2503 65.8
    No Religion 1247 32.8
    Buddhism 26 0.7
    Other Religious Groups 22 0.6
    Islam 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 146 11.0
    $400-$599 230 17.3
    $600-$799 133 10.0
    $800-$999 119 8.9
    $1,500-$1,999 167 12.5
    Others 538 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1380 44.8
    Employed, worked full-time 912 29.6
    Employed, worked part-time 511 16.6
    Employed, away from work 152 4.9
    Unemployed, looking for work 124 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 155 9.8
    Technicians & trades workers 349 22.1
    Community & personal service workers 165 10.5
    Machinery operators & drivers 274 17.4
    Labourers 246 15.6
    Others 388 24.6
    Occupation
    Census Count Percent(%)
    Pre-school 69 7.8
    Infants/Primary 442 50.2
    Secondary 228 25.9
    Technical or Further Educational Institution 67 7.6
    University or other Tertiary Institutions 57 6.5
    Others 18 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3573 92.3
    Semi-detached, row or terrace house, townhouse 137 3.5
    Flat, unit or apartment 89 2.3
    Caravan, cabin, houseboat 72 1.9
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 584 39.2
    Fully owned 478 32.1
    Rented 398 26.7
    Other tenure type 30 2.0
    Tenure Type
Census 2011, ABS
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