Suburb Profile Report for Erskine WA (6210)

Erskine House: Median price $410,000, Annual capital growth -0.71%, Number of sales 75, Weekly median advertised rent $335

Erskine Unit: Median price $412,500, Annual capital growth 1.56%, Number of sales 24, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Erskine 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 -3.76%

If we look at median property appreciation over just the last three months, Erskine has given property investors a paper return of -1.80%. This puts Suburb as 269 on a list of fastest fasting appreciating suburbs in WA

Property buyers and investors in Erskine 6210 should be seeing an average reduction in asking price of around -7.02% . This means that Erskine is holding prices well when compared to other suburbs in WA.

Erskine, 6210’s gross rental yield is 4.25%

Property value increases in Erskine have tracked higher than the WA average of -4.11% over the last 12 months.

Erskine,6210 was ranked 28 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Erskine should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.

The WA suburb of Erskine, 6210 is in the Mandurah local government area.

Metrics i HOUSE UNIT
$410,000 $412,500
-1.80% 16.20%
-3.76% 7.14%
-0.71% 1.56%
$335 $300
75 24
4.25% 3.78%
101.31 105.17

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 4100
Median household income ($/weekly) 814
Median age of persons 54
Median housing loan repayment ($/monthly) 1820
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 383 9.3
    45-54 years 448 10.9
    55-64 years 661 16.1
    65-74 years 824 20.1
    75-84 years 445 10.9
    Others 1340 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 1719 56.3
    Not Married 1056 34.6
    Defacto Relationship 281 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2605 68.6
    Papua New Guinea 130 3.4
    South Africa 65 1.7
    United Kingdom 726 19.1
    Other 93 2.4
    Others 180 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 2709 74.0
    No Religion 901 24.6
    Buddhism 33 0.9
    Other Religious Groups 12 0.3
    Islam 5 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 142 9.4
    $400-$599 303 20.2
    $600-$799 194 12.9
    $800-$999 169 11.2
    $1,500-$1,999 145 9.6
    Others 550 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1803 54.7
    Employed, worked full-time 787 23.9
    Employed, worked part-time 494 15.0
    Employed, away from work 116 3.5
    Unemployed, looking for work 95 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 170 12.1
    Technicians & trades workers 281 20.1
    Clerical & administrative workers 177 12.6
    Sales 166 11.8
    Labourers 167 11.9
    Others 440 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 35 5.7
    Infants/Primary 264 42.9
    Secondary 151 24.5
    Technical or Further Educational Institution 72 11.7
    University or other Tertiary Institutions 72 11.7
    Others 22 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3011 82.9
    Semi-detached, row or terrace house, townhouse 415 11.4
    Flat, unit or apartment 205 5.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 703 43.0
    Being purchased 418 25.6
    Rented 390 23.9
    Other tenure type 124 7.6
    Tenure Type
Census 2011, ABS
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