Suburb Profile Report for College Grove WA (6230)

College Grove House: Median price $382,500, Annual capital growth -0.59%, Number of sales 17, Weekly median advertised rent $358

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

Source: CoreLogic

  • House Report

With a capital gain of 0.99% for the last 12 months, College Grove, 6230 has performed for property investments than its average annual -0.59% property growth over the last 5 years.

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

LACK OF BUYER INTEREST may well be the reason that College Grove is offering property investors an average of -8.26. This rate of discount on properties puts Suburb at number 401th in terms of most discounted suburbs in WA

At number 2776 in a list of fastest selling suburbs, College Grove is in the bottom 30% of suburbs in Australia with an average of days on market 105.16 for properties listed there.

Advertised rents are around the $357.5 mark per week – giving a return of 4.86% based on the median price in Suburb

HOUSE UNIT
$382,500 N/A
2.62% N/A
0.99% N/A
-0.59% N/A
$358 N/A
17 N/A
4.86% N/A
105.16 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1484
Median household income ($/weekly) 1649
Median age of persons 34
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 146 9.8
    25-34 years 272 18.3
    35-44 years 267 18.0
    45-54 years 229 15.4
    55-64 years 142 9.6
    Others 429 28.9
    Age Group
    Census Count Percent(%)
    Registered Married 419 52.8
    Not Married 262 33.0
    Defacto Relationship 113 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 865 60.9
    Papua New Guinea 42 3.0
    South Africa 21 1.5
    United Kingdom 121 8.5
    Other 309 21.7
    Others 63 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 733 70.2
    No Religion 297 28.4
    Islam 10 1.0
    Hinduism 4 0.4
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 29 8.6
    $1,250-$1,499 34 10.1
    $1,500-$1,999 56 16.7
    $2,000-$2,499 42 12.5
    $2,500-$2,999 46 13.7
    Others 129 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 557 45.5
    Employed, worked full-time 383 31.3
    Employed, worked part-time 216 17.6
    Employed, away from work 42 3.4
    Unemployed, looking for work 27 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 91 14.2
    Technicians & trades workers 123 19.2
    Clerical & administrative workers 88 13.7
    Sales 72 11.2
    Labourers 72 11.2
    Others 196 30.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 5.7
    Infants/Primary 84 31.7
    Secondary 71 26.8
    Technical or Further Educational Institution 34 12.8
    University or other Tertiary Institutions 51 19.2
    Others 10 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 993 99.2
    Semi-detached, row or terrace house, townhouse 8 0.8
    Flat, unit or apartment 0 0.0
    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 192 51.8
    Rented 94 25.3
    Fully owned 85 22.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals