Suburb Profile Report for Gidgegannup WA (6083)

Gidgegannup House: Median price $697,500, Annual capital growth -1.86%, Number of sales 30, Weekly median advertised rent $525

  • 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.

  • House Report

With a capital gain of -3.13% for the last 12 months, Gidgegannup, 6083 has performed for property investments than its average annual -1.86% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Gidgegannup has given property investors a paper return of 0.00%. This puts Suburb as 194 on a list of fastest fasting appreciating suburbs in WA

Gidgegannup6083 is located in WA which offers an average discount of -7.91% to property investors. Gidgegannup itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $525 and the average annual increase in value of a median property of -1.86%, investors should hope to achieve an overall return of 3.91%

Metrics i HOUSE UNIT
$697,500 N/A
0.00% N/A
-3.13% N/A
-1.86% N/A
$525 N/A
30 N/A
3.91% N/A
124.15 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)
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Demographics
Total population 2532
Median household income ($/weekly) 1863
Median age of persons 43
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 393 15.5
    35-44 years 416 16.4
    45-54 years 495 19.5
    55-64 years 353 13.9
    65-74 years 226 8.9
    Others 649 25.6
    Age Group
    Census Count Percent(%)
    Registered Married 1075 61.3
    Not Married 496 28.3
    Defacto Relationship 184 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1834 77.6
    Greece 19 0.8
    Papua New Guinea 49 2.1
    United Kingdom 298 12.6
    Other 60 2.5
    Others 102 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.0
    Christianity 1422 63.4
    Islam 11 0.5
    Judaism 6 0.3
    No Religion 775 34.6
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 56 8.1
    $1,500-$1,999 89 12.9
    $2,000-$2,499 83 12.0
    $2,500-$2,999 103 14.9
    $3,000-$3,499 59 8.5
    Others 302 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 801 42.6
    Not in the labour force 527 28.0
    Employed, worked part-time 427 22.7
    Employed, away from work 85 4.5
    Unemployed, looking for work 40 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 227 17.3
    Professionals 224 17.1
    Technicians & trades workers 246 18.8
    Clerical & administrative workers 202 15.4
    Labourers 111 8.5
    Others 302 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 40 6.5
    Infants/Primary 237 38.8
    Secondary 210 34.4
    Technical or Further Educational Institution 32 5.2
    University or other Tertiary Institutions 78 12.8
    Others 14 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2266 99.3
    Semi-detached, row or terrace house, townhouse 11 0.5
    Caravan, cabin, houseboat 5 0.2
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 443 54.2
    Fully owned 297 36.4
    Rented 70 8.6
    Other tenure type 7 0.9
    Tenure Type
Census 2011, ABS
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