Suburb Profile Report for Perth WA (6000)

Perth House: Median price $815,000, Annual capital growth 2.00%, Number of sales 61, Weekly median advertised rent $550

Perth Unit: Median price $410,000, Annual capital growth -1.27%, Number of sales 297, Weekly median advertised rent $425

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

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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Perth has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of 11.04% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Perth comes in at number 377th in WA.

Vendor discounting in Perth is giving property investors an average Vendor Discount of around -4.35%. This puts suburb at number 248th in WA when ranking the most discounted suburbs.

The WA suburb of Perth, 6000 is in the Perth (C) local government area.

Giving property investors a a poor capital gain of -4.65% for the last year, Perth, 6000 is the 1391th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Perth has given property investors a paper return of 0.00%. This puts Suburb as 93 on a list of fastest fasting appreciating suburbs in WA

Vendor discounting in Perth is giving property investors an average Vendor Discount of around -5.67%. This puts suburb at number 27th in WA when ranking the most discounted suburbs.

In the last year 297 properties changed hands in Perth, which puts it as the 3rd most active market in WA when comparing the number of sales per suburb.

A $425 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at -1.27%.

Garry Bishop Information supplied by:

Garry Bishop
Homestead Realty

M 92276488
O 0414825855

W www.homesteadrealty.com.au
E [email protected]
“Perth” is located on the inner eastside of the city – Established CIRCA 1860 onwards. Is not part of the CBD as people often think. 
 
Giving property investors a an average capital gain of 2.86% for the last year, Perth, 6000 is the 1636th highest performer in Australia in this respect.
 
Taking the average capital gain, or increase in median house value, Perth,6000 has racked up an average of 2.86% over the period. This ranks it number 1751th in the whole country for real estate investors looking at median house price increases.
 
Perth6000 is located in WA which offers an average discount of -9.49% to property investors. Perth itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.
 
Situated 1.21km from the CBD, Perth is one of Perth localities in the postcode 6000.
 
 
Selling points: Hyde Park, proximity to William St, Asian restaurants and Beaufort Street eateries, the CBD and Northbridge. 
 
Most sought-after properties: Grand homes in Glendower St opposite Hyde Park,” Baker” Terraces in Lake Street.
 
Most common properties: Character Homes and Terraces, Apartments.
 
Top amenities: Access to Restaurants Hyde Park, CBD
 
Local industry and business: Retail, Restaurants, Cafes and Bars.
 
Recent changes: Urban infill and rejuvenation of large sites into apartments. 
 
Best streets: Glendower, Throssell and Lake Street 
 
Public transport: Bus 
 
Main arteries: William, Beaufort and Fitzgerald 
Metrics i HOUSE UNIT
$815,000 $410,000
2.52% 0.00%
11.04% -4.65%
2.00% -1.27%
$550 $425
61 297
3.51% 5.39%
87.609756097561 65.8050314465409

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 9236
Median household income ($/weekly) 1749
Median age of persons 31
Median housing loan repayment ($/monthly) 2473
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 1187 12.9
    25-34 years 3369 36.5
    35-44 years 1402 15.2
    45-54 years 1003 10.9
    55-64 years 808 8.7
    Others 1468 15.9
    Age Group
    Census Count Percent(%)
    Not Married 3422 53.1
    Registered Married 1820 28.3
    Defacto Relationship 1199 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3381 42.6
    Italy 311 3.9
    Papua New Guinea 307 3.9
    United Kingdom 837 10.6
    Other 847 10.7
    Others 2248 28.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 500 6.5
    Christianity 3720 48.7
    Hinduism 245 3.2
    Islam 256 3.4
    No Religion 2796 36.6
    Others 117 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 237 6.8
    $1,250-$1,499 298 8.6
    $1,500-$1,999 484 13.9
    $2,000-$2,499 268 7.7
    $2,500-$2,999 658 19.0
    Others 1525 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4047 54.5
    Not in the labour force 1675 22.5
    Employed, worked part-time 1130 15.2
    Unemployed, looking for work 302 4.1
    Employed, away from work 276 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 808 14.8
    Professionals 1989 36.5
    Technicians & trades workers 629 11.5
    Community & personal service workers 479 8.8
    Clerical & administrative workers 694 12.7
    Others 857 15.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 169 11.1
    Secondary 114 7.5
    Technical or Further Educational Institution 290 19.0
    University or other Tertiary Institutions 741 48.7
    Other type of educational institution 179 11.8
    Others 30 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4431 62.8
    Semi-detached, row or terrace house, townhouse 1367 19.4
    Separate house 1217 17.2
    House or flat attached to a shop, office 42 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2332 61.8
    Being purchased 919 24.4
    Fully owned 507 13.4
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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