Suburb Profile Report for Margaret River WA (6285)

Margaret River House: Median price $464,500, Annual capital growth 1.43%, Number of sales 155, Weekly median advertised rent $400

Margaret River Unit: Median price $342,000, Annual capital growth 0.98%, Number of sales 39, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -4.72% for the last 12 months, Margaret River, 6285 has performed for property investments than its average annual 1.43% property growth over the last 5 years.

While Margaret River,6285 ranked number 229th in WA for increase in median house value (annualised) increase, it is ranked 144th over the last 5 years.

Vendor discounting in Margaret River is giving property investors an average Vendor Discount of around -5.67%. This puts suburb at number 379th in WA when ranking the most discounted suburbs.

Residents and property investors in Margaret River have been waiting around 107.92 days to sell a property.

Margaret River, 6285’s gross rental yield is 4.48%

Margaret River is in the TOP 10% in WA when comparing median price capital growth over the last year. Margaret River gave property investors a very good capital gain figure when compared to the rest of the state, with 14.00%.

While Margaret River,6285 ranked number 4th in WA for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Margaret River, 6285. Typically our figures indicate that -5.14% is being offered, which puts this WA suburb at 736th most discounted overall in Australia.

In the last year 39 properties changed hands in Margaret River, which puts it as the 39th most active market in WA when comparing the number of sales per suburb.

HOUSE UNIT
$464,500 $342,000
-1.17% 14.00%
-4.72% 14.00%
1.43% 0.98%
$400 $320
155 39
4.48% 4.87%
107.92 114.77

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 6328
Median household income ($/weekly) 1194
Median age of persons 35
Median housing loan repayment ($/monthly) 1762
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 939 14.8
    25-34 years 998 15.8
    35-44 years 1145 18.1
    45-54 years 889 14.0
    55-64 years 627 9.9
    Others 1730 27.3
    Age Group
    Census Count Percent(%)
    Registered Married 1816 45.3
    Not Married 1488 37.1
    Defacto Relationship 707 17.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4510 77.5
    Papua New Guinea 204 3.5
    Philippines 50 0.9
    United Kingdom 540 9.3
    Other 171 2.9
    Others 342 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 161 2.9
    Christianity 2715 49.4
    Hinduism 21 0.4
    Islam 46 0.8
    No Religion 2520 45.8
    Others 36 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 206 11.0
    $600-$799 191 10.2
    $800-$999 189 10.1
    $1,000-$1,249 193 10.3
    $1,500-$1,999 269 14.3
    Others 829 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1721 38.6
    Not in the labour force 1187 26.6
    Employed, worked part-time 1139 25.6
    Employed, away from work 263 5.9
    Unemployed, looking for work 145 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 407 13.0
    Professionals 448 14.3
    Technicians & trades workers 609 19.5
    Sales 336 10.7
    Labourers 480 15.4
    Others 846 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 100 7.0
    Infants/Primary 635 44.7
    Secondary 354 24.9
    Technical or Further Educational Institution 170 12.0
    University or other Tertiary Institutions 123 8.7
    Others 37 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5138 94.2
    Semi-detached, row or terrace house, townhouse 265 4.9
    Caravan, cabin, houseboat 25 0.5
    Flat, unit or apartment 24 0.4
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 841 38.8
    Rented 785 36.3
    Fully owned 520 24.0
    Other tenure type 19 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals