Suburb Profile Report for Meadow Springs WA (6210)

Meadow Springs House: Median price $395,000, Annual capital growth 1.19%, Number of sales 147, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

Meadow Springs has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.95% to date .

Over the longer term, Meadow Springs has seen property prices show investors a -1.13% return over the last 3 years. This is worse than over the last 12 months

At number 294th of WA’s most discounted properties, Meadow Springs is in the TOP 40% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Meadow Springs being $395000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.87%

HOUSE UNIT
$395,000 N/A
-1.99% N/A
-5.95% N/A
1.19% N/A
$370 N/A
147 N/A
4.87% N/A
96.23 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 5921
Median household income ($/weekly) 1294
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 848 14.3
    25-34 years 715 12.1
    35-44 years 827 14.0
    45-54 years 694 11.7
    55-64 years 516 8.7
    Others 2320 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 2166 54.6
    Not Married 1356 34.2
    Defacto Relationship 444 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3872 70.2
    Papua New Guinea 230 4.2
    South Africa 106 1.9
    United Kingdom 862 15.6
    Other 156 2.8
    Others 291 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 1.1
    Christianity 3762 71.3
    Hinduism 19 0.4
    Islam 16 0.3
    No Religion 1401 26.6
    Others 16 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 221 12.5
    $600-$799 184 10.4
    $1,500-$1,999 218 12.3
    $2,000-$2,499 157 8.8
    $2,500-$2,999 225 12.7
    Others 770 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1723 40.0
    Employed, worked full-time 1548 35.9
    Employed, worked part-time 757 17.6
    Unemployed, looking for work 144 3.3
    Employed, away from work 138 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 370 15.2
    Technicians & trades workers 496 20.3
    Community & personal service workers 270 11.1
    Clerical & administrative workers 309 12.7
    Sales 283 11.6
    Others 714 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 87 6.9
    Infants/Primary 591 46.9
    Secondary 321 25.5
    Technical or Further Educational Institution 122 9.7
    University or other Tertiary Institutions 116 9.2
    Others 24 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4675 89.0
    Semi-detached, row or terrace house, townhouse 422 8.0
    Flat, unit or apartment 158 3.0
    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 812 40.6
    Rented 562 28.1
    Fully owned 444 22.2
    Other tenure type 183 9.1
    Tenure Type
Census 2011, ABS
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