Suburb Profile Report for Carey Park WA (6230)

Carey Park House: Median price $280,000, Annual capital growth 0.23%, Number of sales 74, Weekly median advertised rent $290

Carey Park Unit: Median price $265,000, Annual capital growth -1.29%, Number of sales 13, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Carey Park has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 3.70% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carey Park has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -9.26% to buyers in Carey Park at the moment, which is less than average for the rest of WA.

Often selling an investment property can take time, and in Carey Park the average time real estate has been on the market is 139.77 days.

Situated 156.69km from the CBD, Carey Park is one of Bunbury localities in the postcode 6230.

Property value increases in Carey Park have tracked just lower than the WA average of -4.80% over the last 12 months.

Carey Park,6230 has offered an average of -7.83% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Carey Park 6230 should be seeing an average reduction in asking price of around -2.15% . This means that Carey Park is holding prices well when compared to other suburbs in WA.

Carey Park is 10th on a list of best yielding suburbs for rents in WA with a 6.28% return

HOUSE UNIT
$280,000 $265,000
0.01% -0.75%
3.70% -7.83%
0.23% -1.29%
$290 $320
74 13
5.39% 6.28%
139.77 109.83

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 5037
Median household income ($/weekly) 930
Median age of persons 37
Median housing loan repayment ($/monthly) 1387
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 546 10.8
    25-34 years 748 14.8
    35-44 years 627 12.4
    45-54 years 694 13.8
    55-64 years 551 10.9
    Others 1872 37.2
    Age Group
    Census Count Percent(%)
    Not Married 1747 49.5
    Registered Married 1309 37.1
    Defacto Relationship 476 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3726 81.5
    Papua New Guinea 150 3.3
    Philippines 89 1.9
    United Kingdom 293 6.4
    Other 79 1.7
    Others 235 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 1.0
    Christianity 2842 65.7
    Hinduism 23 0.5
    Other Religious Groups 33 0.8
    No Religion 1377 31.8
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 248 13.9
    $600-$799 206 11.5
    $800-$999 183 10.2
    $1,000-$1,249 185 10.4
    $1,500-$1,999 208 11.6
    Others 756 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1373 37.0
    Employed, worked full-time 1295 34.9
    Employed, worked part-time 663 17.9
    Unemployed, looking for work 191 5.2
    Employed, away from work 184 5.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 451 21.1
    Community & personal service workers 253 11.8
    Clerical & administrative workers 222 10.4
    Machinery operators & drivers 263 12.3
    Labourers 376 17.6
    Others 574 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 71 8.6
    Infants/Primary 320 38.9
    Secondary 201 24.5
    Technical or Further Educational Institution 112 13.6
    University or other Tertiary Institutions 88 10.7
    Others 30 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3784 85.7
    Semi-detached, row or terrace house, townhouse 436 9.9
    Flat, unit or apartment 191 4.3
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 915 46.7
    Being purchased 569 29.1
    Fully owned 455 23.2
    Other tenure type 19 1.0
    Tenure Type
Census 2011, ABS
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