Suburb Profile Report for Meadow Springs WA (6210)

Meadow Springs House: Median price $406,500, Annual capital growth 2.38%, Number of sales 128, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Meadow Springs is an average performer in WA when comparing median price capital growth over the last year. Meadow Springs gave property investors a average capital gain figure when compared to the rest of the state, with -4.07%.

When looking at the potential capital gains offered to property investors over the last 3 years, Meadow Springs comes in at number 102th in WA.

Property investors looking for a bargain in Meadow Springs should be aiming for at least -6.54% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $380 mark per week – giving a return of 4.86% based on the median price in Suburb

HOUSE UNIT
$406,500 N/A
0.99% N/A
-4.07% N/A
2.38% N/A
$380 N/A
128 N/A
4.86% N/A
98.62 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
Find a mortgage broker in Meadow Springs WA
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
Chart Table
Recent sales & rentals