Suburb Profile Report for Vasse WA (6280)

Vasse House: Median price $433,500, Annual capital growth 14.55%, Number of sales 42, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Vasse, 6280 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.46%

If we look at median property appreciation over just the last three months, Vasse has given property investors a paper return of 2.00%. This puts Suburb as 73 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -6.54% to buyers in Vasse at the moment, which is less than average for the rest of WA.

At number 3388 in a list of fastest selling suburbs, Vasse is in the bottom 20% of suburbs in Australia with an average of days on market 125.91 for properties listed there.

Advertised rents are around the $430 mark per week – giving a return of 5.16% based on the median price in Suburb

Metrics i HOUSE UNIT
$433,500 N/A
2.00% N/A
4.46% N/A
14.55% N/A
$430 N/A
42 N/A
5.16% N/A
125.91 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1734
Median household income ($/weekly) 1394
Median age of persons 33
Median housing loan repayment ($/monthly) 2135
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 303 17.5
    25-34 years 218 12.6
    35-44 years 289 16.7
    45-54 years 251 14.5
    55-64 years 157 9.1
    Others 516 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 611 53.5
    Not Married 389 34.1
    Defacto Relationship 141 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1401 84.2
    Greece 8 0.5
    Papua New Guinea 47 2.8
    United Kingdom 147 8.8
    Other 21 1.3
    Others 39 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 939 60.1
    No Religion 591 37.8
    Buddhism 23 1.5
    Islam 6 0.4
    Judaism 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 45 10.0
    $1,000-$1,249 50 11.2
    $1,250-$1,499 38 8.5
    $1,500-$1,999 90 20.1
    $2,000-$2,499 47 10.5
    Others 178 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 504 40.4
    Not in the labour force 338 27.1
    Employed, worked part-time 299 24.0
    Employed, away from work 68 5.5
    Unemployed, looking for work 38 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 98 11.2
    Technicians & trades workers 199 22.7
    Clerical & administrative workers 129 14.7
    Sales 105 12.0
    Labourers 103 11.8
    Others 241 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 30 6.7
    Infants/Primary 211 47.2
    Secondary 133 29.8
    Technical or Further Educational Institution 38 8.5
    University or other Tertiary Institutions 25 5.6
    Others 10 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1581 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 297 54.1
    Fully owned 146 26.6
    Rented 103 18.8
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals