Suburb Profile Report for Hillarys WA (6025)

Hillarys House: Median price $832,500, Annual capital growth 1.71%, Number of sales 131, Weekly median advertised rent $550

Hillarys Unit: Median price $550,000, Annual capital growth 3.58%, Number of sales 11, Weekly median advertised rent $420

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

If you compare the increase in value of investment property in Hillarys, 6025 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 8.12%.

Across a shorter period, Hillarys, 6025 has seen a median price increase of 1.52% over the last quarter.

Property investors looking for a bargain in Hillarys should be aiming for at least -6.62% off the asking price, which is the average vendor discount being achieved at the moment.

Property value increases in Hillarys have tracked just lower than the WA average of -6.57% over the last 12 months.

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Hillarys, WA – Housing supply and prices increase

Postcode: 6025

Median house price: $820,000

Stock on market: 31.8%

12-month growth: 2.5%

Situated on the northern coast of Perth, the suburb of Hillary is a hit with tourists due to the presence of the Hillarys Boat Harbour. For property investors, this is an area to act fast on as prices keep increasing with more housing stock.

This marina development is one of Perth’s most popular destinations, containing the Aquarium of Western Australia, Hillarys Yacht Club and Sorrento Quay. With the abundance of parklands and the surrounding waterfront, Hillarys has capitalised by establishing luxury hotel accommodations like the Hillarys Harbour Resort. There are also activities like night fishing, diving and whale watching. Being less than half an hour from Perth is an additional advantage for residents of Hillarys.

Housing stock rose to over 100 in the year to June 2019, and prices went up as well.

 

Metrics i HOUSE UNIT
$832,500 $550,000
1.52% -2.65%
8.12% -16.67%
1.71% 3.58%
$550 $420
131 11
3.44% 3.97%
80.929203539823 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 10680
Median household income ($/weekly) 2201
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1550 14.5
    25-34 years 896 8.4
    35-44 years 1545 14.5
    45-54 years 1873 17.5
    55-64 years 1591 14.9
    Others 3225 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 4833 61.2
    Not Married 2548 32.3
    Defacto Relationship 516 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6382 61.9
    Papua New Guinea 245 2.4
    South Africa 432 4.2
    United Kingdom 1762 17.1
    Other 548 5.3
    Others 942 9.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 123 1.2
    Christianity 7434 74.3
    Hinduism 128 1.3
    Islam 99 1.0
    No Religion 2137 21.4
    Others 84 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 338 10.8
    $2,000-$2,499 330 10.5
    $2,500-$2,999 537 17.2
    $3,000-$3,499 349 11.1
    $4,000 or more 325 10.4
    Others 1252 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3454 41.9
    Not in the labour force 2229 27.1
    Employed, worked part-time 1994 24.2
    Employed, away from work 342 4.2
    Unemployed, looking for work 220 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 961 16.6
    Professionals 1438 24.8
    Technicians & trades workers 731 12.6
    Clerical & administrative workers 974 16.8
    Sales 599 10.3
    Others 1086 18.8
    Occupation
    Census Count Percent(%)
    Pre-school 176 6.2
    Infants/Primary 996 34.9
    Secondary 848 29.7
    Technical or Further Educational Institution 170 6.0
    University or other Tertiary Institutions 615 21.5
    Others 50 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9423 93.2
    Semi-detached, row or terrace house, townhouse 642 6.3
    Flat, unit or apartment 45 0.4
    Caravan, cabin, houseboat 4 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1528 42.9
    Fully owned 1389 39.0
    Rented 644 18.1
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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