Suburb Profile Report for Binningup WA (6233)

Binningup House: Median price $356,250, Annual capital growth -0.04%, Number of sales 19, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Binningup, 6233 have given investors a capital gain of -9.47%. This compares badly with the -5.06% for WA as a whole.

A -14.16% growth in median value for property investors in Binningup,6233 puts this suburb at number 178th in terms of best performing suburbs in WA

Property buyers and investors in Binningup 6233 should be seeing an average reduction in asking price of around -7.38% . This means that Binningup is holding prices well when compared to other suburbs in WA.

Often selling an investment property can take time, and in Binningup the average time real estate has been on the market is 103.85 days.

Property investors should expect to get $320 weekly from the median priced house in this suburb.

HOUSE UNIT
$356,250 N/A
-0.70% N/A
-9.47% N/A
-0.04% N/A
$320 N/A
19 N/A
4.67% N/A
103.85 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 1010
Median household income ($/weekly) 1562
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 154 15.2
    25-34 years 129 12.8
    35-44 years 152 15.0
    45-54 years 155 15.3
    55-64 years 143 14.2
    Others 277 27.4
    Age Group
    Census Count Percent(%)
    Registered Married 351 56.3
    Not Married 170 27.2
    Defacto Relationship 103 16.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 737 84.0
    Greece 6 0.7
    Papua New Guinea 28 3.2
    United Kingdom 70 8.0
    Other 15 1.7
    Others 21 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 538 63.4
    No Religion 296 34.9
    Buddhism 12 1.4
    Other Religious Groups 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 27 9.1
    $800-$999 31 10.4
    $1,500-$1,999 43 14.5
    $2,000-$2,499 28 9.4
    $2,500-$2,999 40 13.5
    Others 128 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 272 40.1
    Not in the labour force 238 35.1
    Employed, worked part-time 121 17.8
    Employed, away from work 30 4.4
    Unemployed, looking for work 17 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 61 14.2
    Technicians & trades workers 86 20.0
    Clerical & administrative workers 45 10.5
    Machinery operators & drivers 48 11.2
    Labourers 76 17.7
    Others 113 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 19 9.2
    Infants/Primary 96 46.6
    Secondary 52 25.2
    Technical or Further Educational Institution 18 8.7
    University or other Tertiary Institutions 16 7.8
    Others 5 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 826 99.6
    Semi-detached, row or terrace house, townhouse 3 0.4
    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 113 34.2
    Fully owned 111 33.6
    Rented 103 31.2
    Other tenure type 3 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals