Suburb Profile Report for Kalamunda WA (6076)

Kalamunda House: Median price $545,000, Annual capital growth 1.03%, Number of sales 103, Weekly median advertised rent $400

Kalamunda Unit: Median price $370,000, Annual capital growth 4.69%, Number of sales 15, Weekly median advertised rent $300

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

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

  • House Report
  • Unit Report

Kalamunda has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -11.74% to date .

If we look at median property appreciation over just the last three months, Kalamunda has given property investors a paper return of -4.39%. This puts Suburb as 387 on a list of fastest fasting appreciating suburbs in WA

At number 185th of WA’s most discounted properties, Kalamunda is in the middle of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 1.03%, investors should hope to achieve an overall return of 3.82%

At number 600th in the list of Australian suburbs ordered by increase in median house value over the last year, Kalamunda, 6076 is in the top 40% with a property value increase of 0.00% recorded in median house prices.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.70% offered to property buyers. Sellers in Kalamunda itself are offering an average vendor discount of -8.56% to real estate investors.

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

Metrics i HOUSE UNIT
$545,000 $370,000
-4.39% 8.03%
-11.74% 0.00%
1.03% 4.69%
$400 $300
103 15
3.82% 4.22%
113.35632183908 101.692307692308

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

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 6636
Median household income ($/weekly) 1322
Median age of persons 46
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 743 11.2
    35-44 years 833 12.6
    45-54 years 977 14.7
    55-64 years 1034 15.6
    65-74 years 792 11.9
    Others 2256 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2949 57.0
    Not Married 1831 35.4
    Defacto Relationship 390 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4026 63.0
    Japan 93 1.5
    Papua New Guinea 185 2.9
    United Kingdom 1336 20.9
    Other 254 4.0
    Others 498 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 0.9
    Christianity 4195 68.8
    Hinduism 18 0.3
    Other Religious Groups 43 0.7
    No Religion 1765 29.0
    Others 23 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 233 10.1
    $600-$799 210 9.1
    $800-$999 197 8.6
    $1,500-$1,999 252 11.0
    $2,500-$2,999 251 10.9
    Others 1156 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2013 37.5
    Employed, worked full-time 1897 35.4
    Employed, worked part-time 1117 20.8
    Employed, away from work 207 3.9
    Unemployed, looking for work 129 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 441 13.7
    Professionals 759 23.6
    Technicians & trades workers 508 15.8
    Community & personal service workers 299 9.3
    Clerical & administrative workers 486 15.1
    Others 728 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 66 4.8
    Infants/Primary 474 34.5
    Secondary 398 29.0
    Technical or Further Educational Institution 126 9.2
    University or other Tertiary Institutions 276 20.1
    Others 34 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5598 88.9
    Semi-detached, row or terrace house, townhouse 518 8.2
    Flat, unit or apartment 178 2.8
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1232 48.4
    Being purchased 888 34.9
    Rented 414 16.3
    Other tenure type 13 0.5
    Tenure Type
Census 2011, ABS
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