Suburb Profile Report for Narrogin WA (6312)

Narrogin House: Median price $160,500, Annual capital growth 0.72%, Number of sales 58, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Narrogin, 6312 have given investors a capital gain of -27.05%. This compares very badly with the -5.25% for WA as a whole.

Narrogin,6312 was ranked 2578 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -13.76% to buyers in Narrogin at the moment, which is less than average for the rest of WA.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 0.72%, investors should hope to achieve an overall return of 8.42%

HOUSE UNIT
$160,500 N/A
-0.31% N/A
-27.05% N/A
0.72% N/A
$260 N/A
58 N/A
8.42% N/A
130 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4219
Median household income ($/weekly) 955
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 658 15.6
    25-34 years 434 10.3
    35-44 years 558 13.2
    45-54 years 544 12.9
    55-64 years 485 11.5
    Others 1540 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 1336 49.4
    Not Married 1074 39.7
    Defacto Relationship 297 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3436 85.6
    Papua New Guinea 81 2.0
    South Africa 35 0.9
    United Kingdom 199 5.0
    Other 79 2.0
    Others 185 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.6
    Christianity 2736 71.1
    Hinduism 10 0.3
    Other Religious Groups 22 0.6
    No Religion 1046 27.2
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 143 10.5
    $400-$599 180 13.2
    $600-$799 140 10.3
    $800-$999 145 10.6
    $1,500-$1,999 169 12.4
    Others 587 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1195 38.8
    Employed, worked full-time 1070 34.8
    Employed, worked part-time 547 17.8
    Employed, away from work 137 4.5
    Unemployed, looking for work 129 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 291 16.6
    Technicians & trades workers 307 17.5
    Community & personal service workers 212 12.1
    Clerical & administrative workers 210 12.0
    Labourers 231 13.2
    Others 503 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 64 6.6
    Infants/Primary 413 42.4
    Secondary 341 35.0
    Technical or Further Educational Institution 98 10.1
    University or other Tertiary Institutions 48 4.9
    Others 9 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3349 91.2
    Flat, unit or apartment 192 5.2
    Semi-detached, row or terrace house, townhouse 126 3.4
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 519 34.7
    Fully owned 485 32.4
    Being purchased 479 32.0
    Other tenure type 12 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals