Suburb Profile Report for Norseman WA (6443)

Norseman House: Median price $30,000, Annual capital growth 5.25%, Number of sales 19, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Norseman has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -14.29%

When looking at the potential capital gains offered to property investors over the last 3 years, Norseman comes in at number 119th in WA.

On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.

Metrics i HOUSE UNIT
$30,000 N/A
-11.76% N/A
-14.29% N/A
5.25% N/A
N/A N/A
19 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 779
Median household income ($/weekly) 1051
Median age of persons 39
Median housing loan repayment ($/monthly) 660
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 108 13.9
    25-34 years 105 13.5
    35-44 years 115 14.8
    45-54 years 102 13.1
    55-64 years 94 12.1
    Others 252 32.5
    Age Group
    Census Count Percent(%)
    Not Married 219 45.2
    Registered Married 173 35.7
    Defacto Relationship 92 19.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 527 76.9
    Papua New Guinea 48 7.0
    South Africa 13 1.9
    United Kingdom 36 5.3
    Other 28 4.1
    Others 33 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 407 64.3
    No Religion 203 32.1
    Buddhism 10 1.6
    Islam 7 1.1
    Other Religious Groups 6 0.9
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 40 15.9
    $400-$599 26 10.3
    $800-$999 19 7.5
    $1,500-$1,999 24 9.5
    $2,500-$2,999 38 15.1
    Others 105 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 211 40.0
    Not in the labour force 187 35.5
    Employed, worked part-time 80 15.2
    Employed, away from work 25 4.7
    Unemployed, looking for work 24 4.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 44 13.8
    Community & personal service workers 42 13.2
    Clerical & administrative workers 33 10.4
    Machinery operators & drivers 72 22.6
    Labourers 47 14.8
    Others 80 25.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 62 53.9
    Secondary 24 20.9
    Pre-school 12 10.4
    Technical or Further Educational Institution 11 9.6
    University or other Tertiary Institutions 6 5.2
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 633 96.5
    Semi-detached, row or terrace house, townhouse 12 1.8
    Caravan, cabin, houseboat 8 1.2
    House or flat attached to a shop, office 3 0.5
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 117 41.5
    Rented 103 36.5
    Being purchased 59 20.9
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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