Suburb Profile Report for Darch WA (6065)

Darch House: Median price $516,250, Annual capital growth -0.20%, Number of sales 78, Weekly median advertised rent $450

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

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

  • Expert Report
  • House Report

Property investors who have had real estate in Darch, 6065 should be ok 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 -0.63%

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

LACK OF BUYER INTEREST may well be the reason that Darch is offering property investors an average of -7.91. This rate of discount on properties puts Suburb at number 285th in terms of most discounted suburbs in WA

Using the current median advertised rental of $450 and the average annual increase in value of a median property of -0.20%, investors should hope to achieve an overall return of 4.53%

Matt Condit Information supplied by:

Matt Condit
Granger Clark

M 08 9249 6888
O 0407 160 037

W www.grangerclark.com.au
E [email protected]
With a capital gain of 6.14% for the last 12 months, Darch, 6065 has performed for property investments than its average annual 22.76% property growth over the last 5 years.
 
Across a shorter period, Darch, 6065 has seen a median price increase of 2.05% 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 Darch, 6065. Typically our figures indicate that -5.55% is being offered, which puts this WA suburb at 3353th most discounted overall in Australia.
 
Property investors should expect to get $555 weekly from the median priced house in this suburb.
 
Selling points: Ashdale Primary School & Kingsway Christian College
 
Most sought-after properties: House &/or Vacant Land
 
Most common properties: House 
 
Top amenities: Kingsway Shopping centre & local bar & bistro “The Kingsway”
 
Local industry and business: Located 15km from Perth GPO. Short drive to industrial areas in both Malaga & Wangara
 
Recent changes: New shops, local bar & bistro “The Kingsway” 
 
Best streets: Ashdale Boulevard & surrounds
 
Public transport: Bus service to Whitfords Station
 
Main arteries: Wanneroo Road, Hepburn Avenue, Mirrabooka Avenue & Gnangara Road

 

Metrics i HOUSE UNIT
$516,250 N/A
-0.24% N/A
-0.63% N/A
-0.20% N/A
$450 N/A
78 N/A
4.53% N/A
80.7460317460317 N/A

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

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Darch WA
Demographics
Total population 6118
Median household income ($/weekly) 2019
Median age of persons 30
Median housing loan repayment ($/monthly) 2305
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 626 10.2
    5-14 years 1198 19.6
    25-34 years 1005 16.4
    35-44 years 1245 20.3
    45-54 years 733 12.0
    Others 1312 21.4
    Age Group
    Census Count Percent(%)
    Registered Married 2638 63.7
    Not Married 1205 29.1
    Defacto Relationship 297 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3535 58.9
    South Africa 282 4.7
    United Kingdom 422 7.0
    Viet Nam 231 3.9
    Other 531 8.9
    Others 998 16.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 344 5.9
    Christianity 3710 63.3
    Hinduism 341 5.8
    Islam 330 5.6
    No Religion 1061 18.1
    Others 78 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 145 9.1
    $1,500-$1,999 258 16.2
    $2,000-$2,499 244 15.3
    $2,500-$2,999 245 15.4
    $3,000-$3,499 166 10.4
    Others 538 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2003 47.7
    Not in the labour force 961 22.9
    Employed, worked part-time 897 21.3
    Employed, away from work 190 4.5
    Unemployed, looking for work 152 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 380 12.3
    Professionals 645 20.9
    Technicians & trades workers 537 17.4
    Clerical & administrative workers 498 16.1
    Sales 279 9.0
    Others 754 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 140 7.6
    Infants/Primary 842 45.9
    Secondary 458 25.0
    Technical or Further Educational Institution 122 6.7
    University or other Tertiary Institutions 235 12.8
    Others 37 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4815 79.9
    Semi-detached, row or terrace house, townhouse 1198 19.9
    Flat, unit or apartment 11 0.2
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1266 72.2
    Fully owned 261 14.9
    Rented 218 12.4
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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