Suburb Profile Report for Tuart Hill WA (6060)

Tuart Hill House: Median price $557,500, Annual capital growth 2.28%, Number of sales 78, Weekly median advertised rent $360

Tuart Hill Unit: Median price $295,000, Annual capital growth -0.64%, Number of sales 82, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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With a capital gain of 6.90% for the last 12 months, Tuart Hill, 6060 has performed for property investments than its average annual 2.28% property growth over the last 5 years.

Comparing Tuart Hill,6060 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

The most recent median price for Tuart Hill is $557500, with sellers offering an average of -6.41% off the asking price.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.28%, investors should hope to achieve an overall return of 3.36%

Over the last year, property investments in Tuart Hill, 6060 have given investors a capital gain of -13.24%. This compares badly with the -5.81% for WA as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tuart Hill has fallen somewhat when compared to the 5 year average annual rate.

Tuart Hill6060 is located in WA which offers an average discount of -8.54% to property investors. Tuart Hill itself is showing figures that indicate -9.07% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Tuart Hill have been waiting around 101 days to sell a property.

Property investors should expect to get $310 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$557,500 $295,000
3.62% -0.34%
6.90% -13.24%
2.28% -0.64%
$360 $310
78 82
3.36% 5.46%
68.31 101

Source: CoreLogic

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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