Suburb Profile Report for Castletown WA (6450)

Castletown House: Median price $365,000, Annual capital growth 3.16%, Number of sales 51, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

At number 3039th in the list of Australian suburbs ordered by increase in median house value over the last year, Castletown, 6450 is in the BOTTOM 30% with a property value increase of -1.35% recorded in median house prices.

Over the longer term, Castletown has seen property prices show investors a -7.59% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Castletown is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 309th in terms of most discounted suburbs in WA

With the median price for a house in Castletown being $365000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.99%

HOUSE UNIT
$365,000 N/A
0.00% N/A
-1.35% N/A
3.16% N/A
$350 N/A
51 N/A
4.99% N/A
118.2 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 3816
Median household income ($/weekly) 1338
Median age of persons 36
Median housing loan repayment ($/monthly) 1780
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 600 15.7
    25-34 years 460 12.1
    35-44 years 584 15.3
    45-54 years 483 12.7
    55-64 years 425 11.1
    Others 1265 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 1247 53.2
    Not Married 763 32.5
    Defacto Relationship 335 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2978 86.5
    Papua New Guinea 100 2.9
    South Africa 55 1.6
    United Kingdom 180 5.2
    Other 45 1.3
    Others 84 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.7
    Christianity 2067 63.0
    Judaism 6 0.2
    Other Religious Groups 13 0.4
    No Religion 1167 35.6
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 114 10.6
    $1,000-$1,249 98 9.1
    $1,250-$1,499 122 11.3
    $1,500-$1,999 159 14.7
    $2,000-$2,499 131 12.1
    Others 455 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1050 40.1
    Not in the labour force 788 30.1
    Employed, worked part-time 556 21.2
    Employed, away from work 153 5.8
    Unemployed, looking for work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 202 11.5
    Professionals 250 14.3
    Technicians & trades workers 307 17.5
    Clerical & administrative workers 220 12.5
    Labourers 219 12.5
    Others 556 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 80 10.2
    Infants/Primary 364 46.6
    Secondary 229 29.3
    Technical or Further Educational Institution 61 7.8
    University or other Tertiary Institutions 34 4.4
    Others 13 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3094 96.1
    Flat, unit or apartment 81 2.5
    Semi-detached, row or terrace house, townhouse 29 0.9
    Caravan, cabin, houseboat 16 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 431 34.9
    Rented 408 33.0
    Fully owned 397 32.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals