Suburb Profile Report for Tuart Hill WA (6060)

Tuart Hill House: Median price $612,500, Annual capital growth 10.41%, Number of sales 100, Weekly median advertised rent $450

Tuart Hill Unit: Median price $360,000, Annual capital growth 10.91%, Number of sales 191, Weekly median advertised rent $0

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

At number 3890th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuart Hill, 6060 is in the BOTTOM 10% with a property value increase of 0.00% recorded in median house prices.

While Tuart Hill,6060 ranked number 253th in WA for increase in median house value (annualised) increase, it is ranked 269th over the last 5 years.

Vendor discounting in Tuart Hill is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 92th in WA when ranking the most discounted suburbs.

Investment property in Tuart Hill 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 0.00%

A 0.00% growth in median value for property investors in Tuart Hill,6060 puts this suburb at number 78th in terms of best performing suburbs in WA

The most recent median price for Tuart Hill is $360000, with sellers offering an average of 0.00% off the asking price.

Property investors should expect to get $0 weekly from the median priced house in this suburb.

Metrics	HOUSE	UNIT
Median price	$612,500	$360,000
Quarterly growth	0.00%	0.00%
12-month growth	0.00%	0.00%
Average Annual Growth	10.41%	10.91%
Weekly median advertised rent	$450	$0
Number of sales	100	191
Gross rental yield	4.56%	0.00%
Days on market	0	36.5384615384615

DSR Score for property investment : Above average (H), Good (U)

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Demographics

Total population	6705
Median household income ($/weekly)	1154
Median age of persons	34
Median housing loan repayment ($/monthly)	1928
Average household size	2

Census	Count	Percent(%)
20-24 years	519	7.7
25-34 years	1753	26.1
35-44 years	1045	15.6
45-54 years	781	11.6
55-64 years	645	9.6
Others	1962	29.3

Age Group

Census	Count	Percent(%)
Not Married	2711	51.2
Registered Married	1918	36.2
Defacto Relationship	670	12.6

Social Marital Status

Census	Count	Percent(%)
Australia	3347	53.8
Indonesia	300	4.8
Japan	269	4.3
United Kingdom	395	6.3
Other	609	9.8
Others	1306	21.0

Country of Birth

Census	Count	Percent(%)
Buddhism	285	4.8
Christianity	3705	61.8
Hinduism	239	4.0
Islam	269	4.5
No Religion	1386	23.1
Others	110	1.8

Religious Affiliation

Census	Count	Percent(%)
$400-$599	328	11.2
$600-$799	271	9.2
$1,000-$1,249	286	9.7
$1,250-$1,499	270	9.2
$1,500-$1,999	375	12.8
Others	1406	47.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	2485	45.7
Not in the labour force	1618	29.7
Employed, worked part-time	950	17.5
Unemployed, looking for work	197	3.6
Employed, away from work	193	3.5

Person Characteristics

Census	Count	Percent(%)
Professionals	945	26.0
Technicians & trades workers	516	14.2
Community & personal service workers	345	9.5
Clerical & administrative workers	578	15.9
Labourers	348	9.6
Others	896	24.7

Occupation

Census	Count	Percent(%)
Pre-school	78	6.5
Infants/Primary	267	22.3
Secondary	185	15.4
Technical or Further Educational Institution	233	19.4
University or other Tertiary Institutions	361	30.1
Others	74	6.2

Type of Educational Institution Attending

Census	Count	Percent(%)
Semi-detached, row or terrace house, townhouse	2870	46.1
Separate house	2227	35.8
Flat, unit or apartment	1131	18.2
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0