Suburb Profile Report for Gelorup WA (6230)

Gelorup House: Median price $558,500, Annual capital growth 2.32%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Gelorup, 6230 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -0.27%.

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

Property buyers and investors in Gelorup 6230 should be seeing an average reduction in asking price of around -6.62% . This means that Gelorup is holding prices well when compared to other suburbs in WA.

HOUSE UNIT
$558,500 N/A
-0.27% N/A
-0.27% N/A
2.32% N/A
N/A N/A
24 N/A
N/A N/A
85.11 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 2180
Median household income ($/weekly) 1866
Median age of persons 40
Median housing loan repayment ($/monthly) 1850
Average household size 3
  • Census Count Percent(%)
    5-14 years 404 18.5
    15-19 years 270 12.4
    35-44 years 299 13.7
    45-54 years 446 20.5
    55-64 years 289 13.3
    Others 472 21.7
    Age Group
    Census Count Percent(%)
    Registered Married 923 65.5
    Not Married 395 28.0
    Defacto Relationship 92 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1723 81.9
    Papua New Guinea 44 2.1
    South Africa 27 1.3
    United Kingdom 182 8.7
    Other 45 2.1
    Others 82 3.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1413 70.3
    No Religion 573 28.5
    Buddhism 19 0.9
    Other Religious Groups 4 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 41 7.8
    $1,500-$1,999 73 13.8
    $2,000-$2,499 65 12.3
    $2,500-$2,999 89 16.9
    $3,000-$3,499 46 8.7
    Others 214 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 629 38.5
    Not in the labour force 510 31.3
    Employed, worked part-time 380 23.3
    Employed, away from work 85 5.2
    Unemployed, looking for work 28 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 111 10.2
    Professionals 252 23.2
    Technicians & trades workers 204 18.8
    Community & personal service workers 99 9.1
    Clerical & administrative workers 148 13.6
    Others 274 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 18 2.7
    Infants/Primary 258 39.0
    Secondary 303 45.8
    Technical or Further Educational Institution 30 4.5
    University or other Tertiary Institutions 48 7.3
    Others 4 0.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1878 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 312 48.4
    Fully owned 284 44.0
    Rented 45 7.0
    Other tenure type 4 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals