Suburb Profile Report for Mount Helena WA (6082)

Mount Helena House: Median price $470,000, Annual capital growth 0.06%, Number of sales 46, Weekly median advertised rent $423

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

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

  • House Report

If you compare the increase in value of investment property in Mount Helena, 6082 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -12.15%.

If we look at median property appreciation over just the last three months, Mount Helena has given property investors a paper return of -3.09%. This puts Suburb as 367 on a list of fastest fasting appreciating suburbs in WA

Property investors looking for a bargain in Mount Helena should be aiming for at least -4.74% off the asking price, which is the average vendor discount being achieved at the moment.

Mount Helena, 6082’s gross rental yield is 4.67%

Metrics i HOUSE UNIT
$470,000 N/A
-3.09% N/A
-12.15% N/A
0.06% N/A
$423 N/A
46 N/A
4.67% N/A
96.6842105263158 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 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)
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Demographics
Total population 3155
Median household income ($/weekly) 1579
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 501 15.9
    15-19 years 266 8.4
    35-44 years 467 14.8
    45-54 years 549 17.4
    55-64 years 429 13.6
    Others 945 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 1223 55.7
    Not Married 752 34.3
    Defacto Relationship 220 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2226 75.6
    Greece 19 0.6
    Papua New Guinea 108 3.7
    United Kingdom 433 14.7
    Other 54 1.8
    Others 105 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1583 57.4
    No Religion 1127 40.9
    Buddhism 29 1.1
    Other Religious Groups 11 0.4
    Hinduism 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 77 8.7
    $1,250-$1,499 75 8.4
    $1,500-$1,999 146 16.4
    $2,000-$2,499 98 11.0
    $2,500-$2,999 93 10.5
    Others 399 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 918 39.6
    Not in the labour force 698 30.1
    Employed, worked part-time 508 21.9
    Employed, away from work 134 5.8
    Unemployed, looking for work 61 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 167 10.7
    Professionals 257 16.5
    Technicians & trades workers 291 18.7
    Community & personal service workers 172 11.1
    Clerical & administrative workers 225 14.5
    Others 442 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.0
    Infants/Primary 324 41.9
    Secondary 229 29.6
    Technical or Further Educational Institution 79 10.2
    University or other Tertiary Institutions 73 9.4
    Others 22 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2878 99.0
    Semi-detached, row or terrace house, townhouse 12 0.4
    Flat, unit or apartment 11 0.4
    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(%)
    Being purchased 538 52.8
    Fully owned 343 33.7
    Rented 129 12.7
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
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