Suburb Profile Report for Mount Richon WA (6112)

Mount Richon House: Median price $479,750, Annual capital growth 1.65%, Number of sales 20, Weekly median advertised rent $345

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

Giving property investors a a solid capital gain of 12.35% for the last year, Mount Richon, 6112 is the 798th highest performer in Australia in this respect.

Over the longer term, Mount Richon has seen property prices show investors a -7.56% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Mount Richon are currently offering property investors an average price cut of -9.50% below the asking price at the moment.

Using the current median advertised rental of $345 and the average annual increase in value of a median property of 1.65%, investors should hope to achieve an overall return of 3.74%

Metrics i HOUSE UNIT
$479,750 N/A
11.57% N/A
12.35% N/A
1.65% N/A
$345 N/A
20 N/A
3.74% N/A
101.07 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2105
Median household income ($/weekly) 1289
Median age of persons 48
Median housing loan repayment ($/monthly) 1950
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 198 9.4
    35-44 years 221 10.5
    45-54 years 370 17.6
    55-64 years 352 16.7
    65-74 years 252 12.0
    Others 712 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 912 58.8
    Not Married 518 33.4
    Defacto Relationship 120 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1147 59.8
    Papua New Guinea 65 3.4
    South Africa 28 1.5
    United Kingdom 485 25.3
    Other 34 1.8
    Others 160 8.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1323 71.9
    No Religion 477 25.9
    Buddhism 26 1.4
    Other Religious Groups 8 0.4
    Islam 7 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 102 15.1
    $800-$999 62 9.2
    $1,500-$1,999 80 11.9
    $2,000-$2,499 61 9.1
    $2,500-$2,999 67 9.9
    Others 302 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 644 39.0
    Not in the labour force 625 37.8
    Employed, worked part-time 285 17.2
    Employed, away from work 62 3.8
    Unemployed, looking for work 37 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 127 12.8
    Professionals 119 12.0
    Technicians & trades workers 204 20.6
    Clerical & administrative workers 167 16.8
    Labourers 104 10.5
    Others 271 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 24 6.9
    Infants/Primary 124 35.7
    Secondary 91 26.2
    Technical or Further Educational Institution 46 13.3
    University or other Tertiary Institutions 44 12.7
    Others 18 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1825 97.4
    Caravan, cabin, houseboat 33 1.8
    Semi-detached, row or terrace house, townhouse 12 0.6
    Flat, unit or apartment 3 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 367 48.8
    Being purchased 322 42.8
    Rented 60 8.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals