Suburb Profile Report for Southern River WA (6110)

Southern River House: Median price $570,000, Annual capital growth 0.70%, Number of sales 176, Weekly median advertised rent $440

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 3128th in the list of Australian suburbs ordered by increase in median house value over the last year, Southern River, 6110 is in the BOTTOM 30% with a property value increase of 7.55% recorded in median house prices.

If we look at median property appreciation over just the last three months, Southern River has given property investors a paper return of 1.79%. This puts Suburb as 316 on a list of fastest fasting appreciating suburbs in WA

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 Southern River, 6110. Typically our figures indicate that -3.77% is being offered, which puts this WA suburb at 1656th most discounted overall in Australia.

With the median price for a house in Southern River being $570000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.01%

Metrics i HOUSE UNIT
$570,000 N/A
1.79% N/A
7.55% N/A
0.70% N/A
$440 N/A
176 N/A
4.01% N/A
55.0993377483444 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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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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