Suburb Profile Report for Erskine WA (6210)

Erskine House: Median price $385,000, Annual capital growth -1.50%, Number of sales 65, Weekly median advertised rent $330

Erskine Unit: Median price $337,000, Annual capital growth 1.49%, Number of sales 17, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -10.98% for the last year, Erskine, 6210 is the 3926th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Erskine has fallen somewhat when compared to the 5 year average annual rate.

Erskine6210 is located in WA which offers an average discount of -8.08% to property investors. Erskine itself is showing figures that indicate -6.22% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of -1.50%, investors should hope to achieve an overall return of 4.46%

Erskine has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -16.79% to date .

Erskine, 6210 is offering WA ‘s 98th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.

In the last year 17 properties changed hands in Erskine, which puts it as the 86th most active market in WA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3540 per annum or $295 every week.

Metrics i HOUSE UNIT
$385,000 $337,000
-2.16% N/A
-10.98% -16.79%
-1.50% 1.49%
$330 $295
65 17
4.46% 4.55%
101.05 118.78

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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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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