Suburb Profile Report for Marmion WA (6020)

Marmion House: Median price $861,250, Annual capital growth 0.69%, Number of sales 29, Weekly median advertised rent $640

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Marmion, 6020 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -4.31%.

The five-year average increase in median property values for Marmion,6020 has given property investors a potential capital gain of -10.29% across each of those five years.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.00% offered to property buyers. Sellers in Marmion itself are offering an average vendor discount of -3.72% to real estate investors.

Marmion, 6020’s gross rental yield is 3.86%

Metrics i HOUSE UNIT
$861,250 N/A
-0.72% N/A
-4.31% N/A
0.69% N/A
$640 N/A
29 N/A
3.86% N/A
33.4166666666667 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2163
Median household income ($/weekly) 1944
Median age of persons 44
Median housing loan repayment ($/monthly) 2200
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 257 11.9
    35-44 years 262 12.1
    45-54 years 333 15.4
    55-64 years 397 18.4
    65-74 years 197 9.1
    Others 717 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 966 59.6
    Not Married 553 34.1
    Defacto Relationship 103 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1568 76.0
    Papua New Guinea 54 2.6
    South Africa 55 2.7
    United Kingdom 222 10.8
    Other 43 2.1
    Others 121 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.7
    Christianity 1385 70.0
    Hinduism 6 0.3
    Other Religious Groups 9 0.5
    No Religion 557 28.1
    Others 8 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 57 8.6
    $1,500-$1,999 62 9.4
    $2,500-$2,999 90 13.6
    $3,000-$3,499 81 12.2
    $4,000 or more 68 10.3
    Others 304 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 672 39.1
    Not in the labour force 499 29.1
    Employed, worked part-time 425 24.8
    Employed, away from work 77 4.5
    Unemployed, looking for work 44 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 196 16.7
    Professionals 336 28.6
    Technicians & trades workers 133 11.3
    Community & personal service workers 110 9.4
    Clerical & administrative workers 205 17.4
    Others 196 16.7
    Occupation
    Census Count Percent(%)
    Pre-school 23 4.7
    Infants/Primary 160 32.7
    Secondary 147 30.0
    Technical or Further Educational Institution 24 4.9
    University or other Tertiary Institutions 123 25.1
    Others 13 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1940 97.5
    Semi-detached, row or terrace house, townhouse 42 2.1
    Flat, unit or apartment 7 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 356 47.9
    Being purchased 287 38.6
    Rented 97 13.1
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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