Suburb Profile Report for Southern River WA (6110)

Southern River House: Median price $517,500, Annual capital growth 1.11%, Number of sales 102, Weekly median advertised rent $415

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

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

  • House Report

Southern River, 6110 ranked 275th in WA when comparing growth in median property values or capital gain over the last 12 months. Southern River is one of 1662 in our list for WA

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

Southern River6110 is located in WA which offers an average discount of -8.59% to property investors. Southern River itself is showing figures that indicate -9.11% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Southern River being $517500 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 4.17%

Metrics i HOUSE UNIT
$517,500 N/A
-4.17% N/A
-5.22% N/A
1.11% N/A
$415 N/A
102 N/A
4.17% N/A
101.575 N/A

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

DSR Score for property investment : Above average (H), Below average (U)
Find a mortgage broker in Southern River WA
Demographics
Total population 5984
Median household income ($/weekly) 2024
Median age of persons 32
Median housing loan repayment ($/monthly) 2383
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 551 9.2
    5-14 years 992 16.6
    25-34 years 970 16.2
    35-44 years 1062 17.7
    45-54 years 802 13.4
    Others 1609 26.9
    Age Group
    Census Count Percent(%)
    Registered Married 2458 59.9
    Not Married 1277 31.1
    Defacto Relationship 370 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3280 57.1
    Malta 201 3.5
    South Africa 270 4.7
    United Kingdom 757 13.2
    Other 302 5.3
    Others 939 16.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 183 3.3
    Christianity 3605 65.0
    Hinduism 96 1.7
    Islam 212 3.8
    No Religion 1405 25.3
    Others 46 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 119 7.3
    $1,500-$1,999 262 16.1
    $2,000-$2,499 230 14.1
    $2,500-$2,999 270 16.6
    $3,000-$3,499 150 9.2
    Others 596 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2073 48.7
    Not in the labour force 947 22.2
    Employed, worked part-time 913 21.4
    Employed, away from work 193 4.5
    Unemployed, looking for work 135 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 402 12.6
    Professionals 592 18.6
    Technicians & trades workers 560 17.6
    Clerical & administrative workers 561 17.6
    Sales 299 9.4
    Others 765 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 114 6.9
    Infants/Primary 719 43.6
    Secondary 401 24.3
    Technical or Further Educational Institution 132 8.0
    University or other Tertiary Institutions 237 14.4
    Others 46 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5671 99.2
    Semi-detached, row or terrace house, townhouse 47 0.8
    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 1218 66.8
    Fully owned 333 18.3
    Rented 268 14.7
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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