Suburb Profile Report for Tuart Hill WA (6060)

Tuart Hill House: Median price $485,000, Annual capital growth 0.14%, Number of sales 79, Weekly median advertised rent $390

Tuart Hill Unit: Median price $290,000, Annual capital growth -0.78%, Number of sales 75, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • Unit Report

Property investors who have had real estate in Tuart Hill, 6060 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.37%

Across a shorter period, Tuart Hill, 6060 has seen a median price increase of 0.52% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tuart Hill, 6060. Typically our figures indicate that -9.34% is being offered, which puts this WA suburb at 338th most discounted overall in Australia.

Residents and property investors in Tuart Hill have been waiting around 103.377 days to sell a property.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 0.14%, investors should hope to achieve an overall return of 4.18%

With a capital gain of -6.45% for the last 12 months, Tuart Hill, 6060 has performed for property investments than its average annual -0.78% property growth over the last 5 years.

Across a shorter period, Tuart Hill, 6060 has seen a median price increase of 0.00% over the last quarter.

The most recent median price for Tuart Hill is $290000, with sellers offering an average of -8.28% off the asking price.

Advertised rents are around the $300 mark per week – giving a return of 5.38% based on the median price in Suburb

Metrics i HOUSE UNIT
$485,000 $290,000
0.52% 0.00%
-5.37% -6.45%
0.14% -0.78%
$390 $300
79 75
4.18% 5.38%
103.377358490566 88.2203389830509

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (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
    Dwelling Structure
    Census Count Percent(%)
    Rented 1354 43.7
    Being purchased 913 29.5
    Fully owned 806 26.0
    Other tenure type 23 0.7
    Tenure Type
Census 2011, ABS
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