Suburb Profile Report for Meadow Springs WA (6210)

Meadow Springs House: Median price $385,500, Annual capital growth 0.01%, Number of sales 136, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Meadow Springs, 6210 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.21%

Over the longer term, Meadow Springs has seen property prices show investors a -3.62% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Meadow Springs are currently offering property investors an average price cut of -6.57% below the asking price at the moment.

Situated 60.95km from the CBD, Meadow Springs is one of Mandurah localities in the postcode 6210.

Metrics i HOUSE UNIT
$385,500 N/A
-2.28% N/A
-8.21% N/A
0.01% N/A
$360 N/A
136 N/A
4.86% N/A
95.2 N/A

Source: CoreLogic

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