Suburb Profile Report for Stoneville WA (6081)

Stoneville House: Median price $540,000, Annual capital growth 1.90%, Number of sales 37, Weekly median advertised rent $400

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

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

  • Expert Report
  • House Report

If you compare the increase in value of investment property in Stoneville, 6081 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 5.88%.

Stoneville,6081 has offered an average of 5.88% return per annum in house price rises to property investors over the last three years.

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 Stoneville, 6081. Typically our figures indicate that -2.96% is being offered, which puts this WA suburb at 2971th most discounted overall in Australia.

In the last year 37 properties changed hands in Stoneville, which puts it as the 274th most active market in WA when comparing the number of sales per suburb.

Information supplied by:


April 2017

M
O

W
E

Perth suburb seesaws

Median house price: $546,000

Three-year growth: -8.85%

Rental yield: 4.00%

Named for the Chief Justice of Western Australia in 1905, the suburb of Stoneville is located just west of Mundaring. It has had a bumpy road in terms of recent growth.

Stoneville showed positive growth in the past year and five years ago, but declined three years previously as well as in the January 2017 quarter. The median house price is just under $550,000, with investors able to gain 4% yield in rents. Despite Perth’s current decline, Stoneville continues to attract occupants, as the average vacancy rate fell from an already-low 0.48% to just 0.24%.

The suburb sits less than an hour east from Perth, and bus services are provided to Midland train station. There is a grocery store and a shopping centre. Nearby Mundaring is home to a primary school.

Metrics i HOUSE UNIT
$540,000 N/A
-2.70% N/A
5.88% N/A
1.90% N/A
$400 N/A
37 N/A
3.85% N/A
57.423077 N/A

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

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Stoneville WA
Demographics
Total population 2487
Median household income ($/weekly) 1727
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 425 17.1
    15-19 years 207 8.3
    35-44 years 404 16.2
    45-54 years 392 15.8
    55-64 years 344 13.8
    Others 716 28.8
    Age Group
    Census Count Percent(%)
    Registered Married 1022 58.5
    Not Married 528 30.2
    Defacto Relationship 196 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1830 77.3
    Greece 21 0.9
    Papua New Guinea 46 1.9
    United Kingdom 349 14.7
    Other 42 1.8
    Others 80 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 17 0.7
    Christianity 1380 60.1
    Hinduism 11 0.5
    Other Religious Groups 12 0.5
    No Religion 874 38.0
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 68 9.8
    $1,500-$1,999 89 12.9
    $2,000-$2,499 80 11.6
    $2,500-$2,999 105 15.2
    $3,000-$3,499 56 8.1
    Others 294 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 760 41.7
    Not in the labour force 519 28.5
    Employed, worked part-time 419 23.0
    Employed, away from work 78 4.3
    Unemployed, looking for work 46 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 161 12.8
    Professionals 215 17.1
    Technicians & trades workers 252 20.0
    Clerical & administrative workers 200 15.9
    Sales 108 8.6
    Others 321 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 39 6.1
    Infants/Primary 283 43.9
    Secondary 191 29.7
    Technical or Further Educational Institution 65 10.1
    University or other Tertiary Institutions 61 9.5
    Others 5 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2345 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 454 55.8
    Fully owned 284 34.9
    Rented 75 9.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table