Suburb Profile Report for Stratton WA (6056)

Stratton House: Median price $279,000, Annual capital growth -1.16%, Number of sales 42, Weekly median advertised rent $340

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

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

  • House Report

At number 3585th in the list of Australian suburbs ordered by increase in median house value over the last year, Stratton, 6056 is in the BOTTOM 20% with a property value increase of -12.54% recorded in median house prices.

A -24.59% growth in median value for property investors in Stratton,6056 puts this suburb at number 410th in terms of best performing suburbs in WA

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.59% offered to property buyers. Sellers in Stratton itself are offering an average vendor discount of -10.34% to real estate investors.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 6.34%, without taking into account capital value appreciation, which has been averaging out at -1.16%.

Metrics i HOUSE UNIT
$279,000 N/A
-5.10% N/A
-12.54% N/A
-1.16% N/A
$340 N/A
42 N/A
6.34% N/A
97.9189189189189 N/A

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

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 3485
Median household income ($/weekly) 1174
Median age of persons 30
Median housing loan repayment ($/monthly) 1598
Average household size 2.7
  • Census Count Percent(%)
    0-4 years 349 10.0
    5-14 years 534 15.3
    25-34 years 641 18.4
    35-44 years 517 14.8
    45-54 years 385 11.0
    Others 1060 30.4
    Age Group
    Census Count Percent(%)
    Not Married 1115 47.6
    Registered Married 847 36.1
    Defacto Relationship 382 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2535 78.1
    Papua New Guinea 184 5.7
    Philippines 28 0.9
    United Kingdom 230 7.1
    Other 69 2.1
    Others 198 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 0.9
    Christianity 1857 61.3
    Islam 40 1.3
    Other Religious Groups 20 0.7
    No Religion 1076 35.5
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 108 10.1
    $800-$999 110 10.3
    $1,000-$1,249 126 11.8
    $1,500-$1,999 187 17.5
    $2,000-$2,499 108 10.1
    Others 429 40.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1047 43.3
    Not in the labour force 695 28.7
    Employed, worked part-time 450 18.6
    Employed, away from work 126 5.2
    Unemployed, looking for work 102 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 279 17.2
    Community & personal service workers 191 11.8
    Clerical & administrative workers 238 14.7
    Machinery operators & drivers 236 14.5
    Labourers 231 14.2
    Others 447 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 60 7.7
    Infants/Primary 357 46.1
    Secondary 182 23.5
    Technical or Further Educational Institution 89 11.5
    University or other Tertiary Institutions 65 8.4
    Others 22 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3209 99.1
    Flat, unit or apartment 21 0.6
    Semi-detached, row or terrace house, townhouse 9 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 600 50.8
    Rented 405 34.3
    Fully owned 172 14.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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