Suburb Profile Report for Westminster WA (6061)

Westminster House: Median price $380,000, Annual capital growth -0.13%, Number of sales 136, Weekly median advertised rent $310

Westminster Unit: Median price $288,000, Annual capital growth -5.61%, Number of sales 22, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Westminster is in the bottom 30% in WA when comparing median price capital growth over the last year. Westminster gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.32%.

The five-year average increase in median property values for Westminster,6061 has given property investors a potential capital gain of -1.17% across each of those five years.

Property investors looking for a bargain in Westminster should be aiming for at least -8.42% off the asking price, which is the average vendor discount being achieved at the moment.

Westminster is 180th on a list of best yielding suburbs for rents in WA with a 4.24% return

WA has seen average median house prices change by -5.16% which means that Westminster, 6061 has not done well for property investors by showing a capital gain of -12.46% over the last year

Westminster,6061 was ranked 1663 in Australia by increase in median property value over the quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.94% offered to property buyers. Sellers in Westminster itself are offering an average vendor discount of -6.62% to real estate investors.

The WA suburb of Westminster, 6061 is in the Stirling local government area.

Metrics i HOUSE UNIT
$380,000 $288,000
-1.30% -10.00%
-7.32% -12.46%
-0.13% -5.61%
$310 $300
136 22
4.24% 5.42%
105.86 156.14

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
Find a mortgage broker in Westminster WA
Demographics
Total population 5175
Median household income ($/weekly) 1082
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 529 10.2
    20-24 years 467 9.0
    25-34 years 1209 23.4
    35-44 years 702 13.6
    45-54 years 520 10.0
    Others 1748 33.8
    Age Group
    Census Count Percent(%)
    Not Married 1891 48.4
    Registered Married 1582 40.5
    Defacto Relationship 435 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2506 52.3
    Indonesia 169 3.5
    Papua New Guinea 144 3.0
    United Kingdom 268 5.6
    Other 692 14.4
    Others 1015 21.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 176 3.8
    Christianity 2962 63.6
    Hinduism 138 3.0
    Islam 317 6.8
    No Religion 981 21.1
    Others 80 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 220 11.9
    $600-$799 177 9.6
    $1,000-$1,249 172 9.3
    $1,250-$1,499 174 9.4
    $1,500-$1,999 249 13.4
    Others 860 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1568 39.9
    Not in the labour force 1377 35.1
    Employed, worked part-time 617 15.7
    Unemployed, looking for work 198 5.0
    Employed, away from work 168 4.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 400 17.0
    Technicians & trades workers 406 17.2
    Community & personal service workers 260 11.0
    Clerical & administrative workers 360 15.3
    Labourers 319 13.5
    Others 610 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 60 5.8
    Infants/Primary 325 31.5
    Secondary 199 19.3
    Technical or Further Educational Institution 184 17.8
    University or other Tertiary Institutions 212 20.6
    Others 51 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2969 60.7
    Semi-detached, row or terrace house, townhouse 1908 39.0
    Flat, unit or apartment 8 0.2
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 898 45.0
    Being purchased 668 33.5
    Fully owned 415 20.8
    Other tenure type 15 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals