Suburb Profile Report for Hannans WA (6430)

Hannans House: Median price $400,000, Annual capital growth 3.91%, Number of sales 30, Weekly median advertised rent $430

  • 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 Hannans, 6430 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 0.00%.

Hannans,6430 was ranked 3668 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Hannans should be aiming for at least -7.20% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 5.59%, without taking into account capital value appreciation, which has been averaging out at 3.91%.

HOUSE UNIT
$400,000 N/A
-4.19% N/A
0.00% N/A
3.91% N/A
$430 N/A
30 N/A
5.59% N/A
102.91 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Hannans WA
Demographics
Total population 2483
Median household income ($/weekly) 2603
Median age of persons 30
Median housing loan repayment ($/monthly) 2175
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 232 9.3
    5-14 years 426 17.2
    25-34 years 427 17.2
    35-44 years 450 18.1
    45-54 years 340 13.7
    Others 608 24.5
    Age Group
    Census Count Percent(%)
    Registered Married 874 54.7
    Not Married 459 28.7
    Defacto Relationship 265 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1605 70.5
    Papua New Guinea 183 8.0
    South Africa 138 6.1
    United Kingdom 98 4.3
    Other 117 5.1
    Others 134 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 25 1.1
    Christianity 1498 68.6
    Hinduism 22 1.0
    Islam 30 1.4
    No Religion 599 27.4
    Others 11 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 81 12.0
    $2,000-$2,499 66 9.7
    $2,500-$2,999 147 21.7
    $3,000-$3,499 97 14.3
    $4,000 or more 72 10.6
    Others 214 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1022 60.4
    Not in the labour force 302 17.8
    Employed, worked part-time 240 14.2
    Employed, away from work 91 5.4
    Unemployed, looking for work 37 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 176 13.0
    Professionals 279 20.6
    Technicians & trades workers 267 19.7
    Clerical & administrative workers 196 14.5
    Machinery operators & drivers 140 10.3
    Others 295 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 29 5.0
    Infants/Primary 293 50.8
    Secondary 143 24.8
    Technical or Further Educational Institution 53 9.2
    University or other Tertiary Institutions 49 8.5
    Others 10 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2049 91.3
    Flat, unit or apartment 177 7.9
    Semi-detached, row or terrace house, townhouse 18 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 348 44.8
    Being purchased 313 40.3
    Fully owned 112 14.4
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals