Suburb Profile Report for Madora Bay WA (6210)

Madora Bay House: Median price $469,500, Annual capital growth 2.46%, Number of sales 44, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Investment property in Madora Bay 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 -13.06%

If we look at median property appreciation over just the last three months, Madora Bay has given property investors a paper return of -1.16%. This puts Suburb as 231 on a list of fastest fasting appreciating suburbs in WA

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Madora Bay, 6210. Typically our figures indicate that -6.25% is being offered, which puts this WA suburb at 1641th most discounted overall in Australia.

Residents and property investors in Madora Bay have been waiting around 100.54 days to sell a property.

Advertised rents are around the $380 mark per week – giving a return of 4.21% based on the median price in Suburb

Metrics i HOUSE UNIT
$469,500 N/A
-1.16% N/A
-13.06% N/A
2.46% N/A
$380 N/A
44 N/A
4.21% N/A
100.54 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1724
Median household income ($/weekly) 1546
Median age of persons 39
Median housing loan repayment ($/monthly) 2184
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 264 15.3
    25-34 years 185 10.7
    35-44 years 245 14.2
    45-54 years 329 19.1
    55-64 years 212 12.3
    Others 486 28.2
    Age Group
    Census Count Percent(%)
    Registered Married 676 59.9
    Not Married 352 31.2
    Defacto Relationship 100 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1103 72.5
    Italy 17 1.1
    Papua New Guinea 48 3.2
    South Africa 26 1.7
    United Kingdom 247 16.2
    Others 81 5.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1042 70.0
    No Religion 413 27.7
    Buddhism 19 1.3
    Other Religious Groups 8 0.5
    Islam 7 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 38 7.9
    $1,250-$1,499 40 8.4
    $1,500-$1,999 69 14.4
    $2,500-$2,999 55 11.5
    $3,000-$3,499 45 9.4
    Others 231 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 511 43.0
    Not in the labour force 351 29.5
    Employed, worked part-time 251 21.1
    Employed, away from work 45 3.8
    Unemployed, looking for work 30 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 104 12.9
    Professionals 133 16.5
    Technicians & trades workers 172 21.3
    Community & personal service workers 92 11.4
    Clerical & administrative workers 111 13.8
    Others 194 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.1
    Infants/Primary 177 48.8
    Secondary 96 26.4
    Technical or Further Educational Institution 29 8.0
    University or other Tertiary Institutions 39 10.7
    Others 7 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1477 99.3
    Semi-detached, row or terrace house, townhouse 11 0.7
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 236 42.9
    Fully owned 161 29.3
    Rented 150 27.3
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals