Suburb Profile Report for Rangeway WA (6530)

Rangeway House: Median price $128,000, Annual capital growth -3.00%, Number of sales 25, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report

With a capital gain of -5.19% for the last 12 months, Rangeway, 6530 has performed for property investments than its average annual -3.00% property growth over the last 5 years.

Over the longer term, Rangeway has seen property prices show investors a -38.31% 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 Rangeway is offering property investors an average of -8.23. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in WA

Advertised rents are around the $220 mark per week – giving a return of 8.94% based on the median price in Suburb

Metrics i HOUSE UNIT
$128,000 N/A
N/A N/A
-5.19% N/A
-3.00% N/A
$220 N/A
25 N/A
8.94% N/A
120.61 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 2260
Median household income ($/weekly) 807
Median age of persons 29
Median housing loan repayment ($/monthly) 1103
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 232 10.3
    5-14 years 385 17.0
    25-34 years 306 13.5
    35-44 years 266 11.8
    45-54 years 292 12.9
    Others 779 34.5
    Age Group
    Census Count Percent(%)
    Not Married 756 54.0
    Registered Married 413 29.5
    Defacto Relationship 232 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1806 90.3
    Papua New Guinea 44 2.2
    Philippines 15 0.8
    United Kingdom 86 4.3
    Other 11 0.6
    Others 38 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1230 66.8
    No Religion 565 30.7
    Islam 23 1.2
    Other Religious Groups 12 0.7
    Buddhism 11 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 59 9.2
    $400-$599 106 16.5
    $600-$799 87 13.5
    $800-$999 69 10.7
    $1,000-$1,249 64 10.0
    Others 258 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 639 43.3
    Employed, worked full-time 443 30.0
    Employed, worked part-time 223 15.1
    Unemployed, looking for work 103 7.0
    Employed, away from work 69 4.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 122 16.5
    Community & personal service workers 94 12.7
    Sales 97 13.1
    Machinery operators & drivers 102 13.8
    Labourers 149 20.1
    Others 177 23.9
    Occupation
    Census Count Percent(%)
    Pre-school 41 9.4
    Infants/Primary 218 50.2
    Secondary 116 26.7
    Technical or Further Educational Institution 43 9.9
    University or other Tertiary Institutions 10 2.3
    Others 6 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1831 92.5
    Flat, unit or apartment 121 6.1
    Semi-detached, row or terrace house, townhouse 28 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 318 42.8
    Being purchased 241 32.4
    Fully owned 181 24.4
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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