Suburb Profile Report for Piara Waters WA (6112)

Piara Waters House: Median price $475,000, Annual capital growth 8.48%, Number of sales 157, Weekly median advertised rent $395

  • 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

With a capital gain of -2.56% for the last 12 months, Piara Waters, 6112 has performed for property investments than its average annual 8.48% property growth over the last 5 years.

While Piara Waters,6112 ranked number 242th in WA for increase in median house value (annualised) increase, it is ranked 237th over the last 5 years.

Property buyers and investors in Piara Waters 6112 should be seeing an average reduction in asking price of around -8.20% . This means that Piara Waters is holding prices well when compared to other suburbs in WA.

Advertised rents are around the $395 mark per week – giving a return of 4.32% based on the median price in Suburb

Metrics i HOUSE UNIT
$475,000 N/A
-0.42% N/A
-2.56% N/A
8.48% N/A
$395 N/A
157 N/A
4.32% N/A
85.9206349206349 N/A

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), Below average (U)
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Demographics
Total population 2593
Median household income ($/weekly) 2208
Median age of persons 28
Median housing loan repayment ($/monthly) 2800
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 302 11.6
    5-14 years 294 11.3
    20-24 years 242 9.3
    25-34 years 836 32.2
    35-44 years 399 15.4
    Others 520 20.1
    Age Group
    Census Count Percent(%)
    Registered Married 1022 55.7
    Not Married 472 25.7
    Defacto Relationship 342 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1409 56.6
    Papua New Guinea 106 4.3
    South Africa 125 5.0
    United Kingdom 280 11.2
    Other 168 6.7
    Others 401 16.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 87 3.6
    Christianity 1567 65.5
    Hinduism 66 2.8
    Islam 37 1.5
    No Religion 613 25.6
    Others 23 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 75 9.5
    $1,500-$1,999 135 17.2
    $2,000-$2,499 156 19.8
    $2,500-$2,999 131 16.6
    $3,000-$3,499 94 11.9
    Others 196 24.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1172 61.1
    Employed, worked part-time 319 16.6
    Not in the labour force 289 15.1
    Employed, away from work 91 4.7
    Unemployed, looking for work 47 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 176 11.1
    Professionals 351 22.2
    Technicians & trades workers 312 19.7
    Community & personal service workers 118 7.5
    Clerical & administrative workers 317 20.0
    Others 309 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 52 9.5
    Infants/Primary 206 37.5
    Secondary 94 17.1
    Technical or Further Educational Institution 75 13.6
    University or other Tertiary Institutions 101 18.4
    Others 22 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2431 98.6
    Semi-detached, row or terrace house, townhouse 35 1.4
    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 708 82.3
    Rented 87 10.1
    Fully owned 62 7.2
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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