Suburb Profile Report for Kelmscott WA (6111)

Kelmscott House: Median price $280,000, Annual capital growth -0.89%, Number of sales 135, Weekly median advertised rent $275

Kelmscott Unit: Median price $206,750, Annual capital growth -2.59%, Number of sales 12, Weekly median advertised rent $260

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

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

  • House Report
  • Unit Report

WA has seen average median house prices change by -2.74% which means that Kelmscott, 6111 has not done well for property investors by showing a capital gain of -15.15% over the last year

Comparing Kelmscott,6111 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

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 Kelmscott, 6111. Typically our figures indicate that -9.77% is being offered, which puts this WA suburb at 324th most discounted overall in Australia.

If you compare the increase in value of investment property in Kelmscott, 6111 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.25%.

Kelmscott,6111 was ranked 264 in Australia by increase in median property value over the quarter.

The most recent median price for Kelmscott is $206750, with sellers offering an average of -13.61% off the asking price.

In the last year 12 properties changed hands in Kelmscott, which puts it as the 104th most active market in WA when comparing the number of sales per suburb.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.54%, without taking into account capital value appreciation, which has been averaging out at -2.59%.

Metrics i HOUSE UNIT
$280,000 $206,750
-6.67% 3.63%
-15.15% -2.25%
-0.89% -2.59%
$275 $260
135 12
5.11% 6.54%
96.6826923076923 178.4

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

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 10019
Median household income ($/weekly) 1156
Median age of persons 38
Median housing loan repayment ($/monthly) 1647
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1161 11.6
    25-34 years 1340 13.4
    35-44 years 1233 12.3
    45-54 years 1379 13.8
    55-64 years 1368 13.7
    Others 3540 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 3380 46.4
    Not Married 3144 43.2
    Defacto Relationship 756 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6268 67.8
    Indonesia 145 1.6
    Papua New Guinea 346 3.7
    United Kingdom 1507 16.3
    Other 267 2.9
    Others 715 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 130 1.5
    Christianity 5597 63.8
    Hinduism 93 1.1
    Other Religious Groups 90 1.0
    No Religion 2772 31.6
    Others 95 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 368 11.0
    $600-$799 318 9.5
    $800-$999 307 9.2
    $1,000-$1,249 324 9.7
    $1,500-$1,999 461 13.8
    Others 1558 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2899 38.1
    Not in the labour force 2698 35.5
    Employed, worked part-time 1355 17.8
    Employed, away from work 372 4.9
    Unemployed, looking for work 284 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 631 13.7
    Technicians & trades workers 811 17.5
    Community & personal service workers 547 11.8
    Clerical & administrative workers 717 15.5
    Machinery operators & drivers 522 11.3
    Others 1394 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 148 7.9
    Infants/Primary 712 37.9
    Secondary 499 26.5
    Technical or Further Educational Institution 247 13.1
    University or other Tertiary Institutions 225 12.0
    Others 50 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7996 87.9
    Flat, unit or apartment 704 7.7
    Semi-detached, row or terrace house, townhouse 351 3.9
    Caravan, cabin, houseboat 41 0.5
    House or flat attached to a shop, office 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1454 39.8
    Fully owned 1207 33.0
    Rented 978 26.7
    Other tenure type 18 0.5
    Tenure Type
Census 2011, ABS
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