Suburb Profile Report for Doubleview WA (6018)

Doubleview House: Median price $700,000, Annual capital growth 1.41%, Number of sales 209, Weekly median advertised rent $450

Doubleview Unit: Median price $467,500, Annual capital growth 2.16%, Number of sales 32, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Doubleview 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 -6.04%

While Doubleview,6018 ranked number 289th in WA for increase in median house value (annualised) increase, it is ranked 77th over the last 5 years.

At number 287th of WA’s most discounted properties, Doubleview is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Doubleview the average time real estate has been on the market is 64.28 days.

Doubleview is 307th on a list of best yielding suburbs for rents in WA with a 3.34% return

If you compare the increase in value of investment property in Doubleview, 6018 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was 3.77%.

If we look at median property appreciation over just the last three months, Doubleview has given property investors a paper return of 8.72%. This puts Suburb as 7 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -8.74% to buyers in Doubleview at the moment, which is less than average for the rest of WA.

Metrics i HOUSE UNIT
$700,000 $467,500
-1.75% 8.72%
-6.04% 3.77%
1.41% 2.16%
$450 $325
209 32
3.34% 3.61%
64.28 97.35

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7575
Median household income ($/weekly) 1709
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 861 11.4
    25-34 years 1377 18.2
    35-44 years 1209 16.0
    45-54 years 1003 13.2
    55-64 years 720 9.5
    Others 2405 31.7
    Age Group
    Census Count Percent(%)
    Not Married 2473 44.4
    Registered Married 2417 43.4
    Defacto Relationship 679 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5062 71.5
    Papua New Guinea 221 3.1
    South Africa 152 2.1
    United Kingdom 621 8.8
    Other 324 4.6
    Others 698 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 1.5
    Christianity 4468 65.8
    Hinduism 83 1.2
    Islam 41 0.6
    No Religion 2041 30.0
    Others 60 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 218 8.3
    $1,500-$1,999 296 11.2
    $2,000-$2,499 228 8.6
    $2,500-$2,999 351 13.3
    $3,000-$3,499 256 9.7
    Others 1289 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2582 44.8
    Not in the labour force 1549 26.9
    Employed, worked part-time 1205 20.9
    Employed, away from work 259 4.5
    Unemployed, looking for work 167 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 558 13.8
    Professionals 1317 32.5
    Technicians & trades workers 549 13.6
    Clerical & administrative workers 542 13.4
    Sales 348 8.6
    Others 737 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 112 6.7
    Infants/Primary 551 33.0
    Secondary 414 24.8
    Technical or Further Educational Institution 140 8.4
    University or other Tertiary Institutions 400 23.9
    Others 54 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5388 76.5
    Semi-detached, row or terrace house, townhouse 1246 17.7
    Flat, unit or apartment 408 5.8
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1096 37.6
    Rented 1051 36.1
    Fully owned 751 25.8
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals