Suburb Profile Report for Tuart Hill WA (6060)

Tuart Hill House: Median price $498,444, Annual capital growth 0.56%, Number of sales 69, Weekly median advertised rent $350

Tuart Hill Unit: Median price $290,000, Annual capital growth -0.64%, Number of sales 71, 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 Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Tuart Hill has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -6.40% to date .

Across a shorter period, Tuart Hill, 6060 has seen a median price increase of -2.27% over the last quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.57% offered to property buyers. Sellers in Tuart Hill itself are offering an average vendor discount of -8.17% to real estate investors.

Tuart Hill is 331th on a list of best yielding suburbs for rents in WA with a 3.65% return

Giving property investors a an average capital gain of -2.03% for the last year, Tuart Hill, 6060 is the 733th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Tuart Hill,6060 has racked up an average of -2.03% over the period. This ranks it number 1418th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Tuart Hill is offering property investors an average of -9.30. This rate of discount on properties puts Suburb at number 47th in terms of most discounted suburbs in WA

Often selling an investment property can take time, and in Tuart Hill the average time real estate has been on the market is 85.7358 days.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$498,444 $290,000
-2.27% -5.84%
-6.40% -2.03%
0.56% -0.64%
$350 $300
69 71
3.65% 5.38%
86.825 85.7358490566038

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

DSR Score for property investment : Below average (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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