Suburb Profile Report for Waroona WA (6215)

Waroona House: Median price $299,000, Annual capital growth 2.35%, Number of sales 38, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -5.25% which means that Waroona, 6215 has not done well for property investors by showing a capital gain of -3.24% over the last year

Over the longer term, Waroona has seen property prices show investors a 3.46% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -6.52% to buyers in Waroona at the moment, which is less than average for the rest of WA.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.57%, without taking into account capital value appreciation, which has been averaging out at 2.35%.

HOUSE UNIT
$299,000 N/A
1.01% N/A
-3.24% N/A
2.35% N/A
$320 N/A
38 N/A
5.57% N/A
128.03 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 2737
Median household income ($/weekly) 1072
Median age of persons 40
Median housing loan repayment ($/monthly) 1509
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 405 14.8
    25-34 years 278 10.2
    35-44 years 350 12.8
    45-54 years 405 14.8
    55-64 years 351 12.8
    Others 947 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 1006 52.7
    Not Married 690 36.1
    Defacto Relationship 214 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2170 82.8
    Japan 75 2.9
    Papua New Guinea 47 1.8
    Philippines 32 1.2
    United Kingdom 213 8.1
    Others 85 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 17 0.7
    Christianity 1809 71.5
    Islam 8 0.3
    Other Religious Groups 20 0.8
    No Religion 673 26.6
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 110 12.3
    $600-$799 93 10.4
    $800-$999 78 8.7
    $1,500-$1,999 119 13.3
    $2,500-$2,999 80 9.0
    Others 413 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 822 39.7
    Employed, worked full-time 735 35.5
    Employed, worked part-time 346 16.7
    Employed, away from work 103 5.0
    Unemployed, looking for work 64 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 132 11.1
    Technicians & trades workers 266 22.4
    Clerical & administrative workers 124 10.4
    Machinery operators & drivers 217 18.3
    Labourers 189 15.9
    Others 259 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 33 5.9
    Infants/Primary 290 51.9
    Secondary 148 26.5
    Technical or Further Educational Institution 53 9.5
    University or other Tertiary Institutions 25 4.5
    Others 10 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2361 93.8
    Semi-detached, row or terrace house, townhouse 127 5.0
    Flat, unit or apartment 24 1.0
    Caravan, cabin, houseboat 6 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 360 36.1
    Fully owned 358 35.9
    Rented 257 25.8
    Other tenure type 21 2.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals