Suburb Profile Report for Shelley WA (6148)

Shelley House: Median price $885,000, Annual capital growth 2.95%, Number of sales 61, Weekly median advertised rent $495

Shelley Unit: Median price $500,000, Annual capital growth 7.69%, Number of sales 13, Weekly median advertised rent $350

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Shelley, 6148 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.29%

Over the longer term, Shelley has seen property prices show investors a 1.37% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Shelley is offering property investors an average of -7.91. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in WA

The WA suburb of Shelley, 6148 is in the Canning (C) local government area.

If we look at median property appreciation over just the last three months, Shelley has given property investors a paper return of 16.28%. This puts Suburb as 3 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 Shelley, 6148. Typically our figures indicate that -6.45% is being offered, which puts this WA suburb at 373th most discounted overall in Australia.

Shelley, 6148’s gross rental yield is 3.64%

Metrics i HOUSE UNIT
$885,000 $500,000
0.57% 16.28%
-8.29% N/A
2.95% 7.69%
$495 $350
61 13
2.91% 3.64%
103.736842105263 59.0909090909091

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4380
Median household income ($/weekly) 1694
Median age of persons 40
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 578 13.2
    25-34 years 421 9.6
    35-44 years 567 12.9
    45-54 years 673 15.4
    55-64 years 587 13.4
    Others 1554 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 1805 53.8
    Not Married 1336 39.9
    Defacto Relationship 211 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2391 57.0
    Indonesia 184 4.4
    Malta 135 3.2
    United Kingdom 457 10.9
    Other 217 5.2
    Others 810 19.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 183 4.5
    Christianity 2605 64.2
    Hinduism 155 3.8
    Islam 74 1.8
    No Religion 989 24.4
    Others 49 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 110 7.8
    $1,500-$1,999 171 12.2
    $2,500-$2,999 178 12.7
    $3,000-$3,499 114 8.1
    $4,000 or more 141 10.0
    Others 691 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1339 38.5
    Not in the labour force 1116 32.1
    Employed, worked part-time 790 22.7
    Employed, away from work 150 4.3
    Unemployed, looking for work 87 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 352 15.5
    Professionals 719 31.6
    Technicians & trades workers 230 10.1
    Clerical & administrative workers 329 14.5
    Sales 218 9.6
    Others 427 18.8
    Occupation
    Census Count Percent(%)
    Pre-school 48 3.8
    Infants/Primary 372 29.7
    Secondary 340 27.2
    Technical or Further Educational Institution 82 6.5
    University or other Tertiary Institutions 384 30.7
    Others 26 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3085 74.1
    Semi-detached, row or terrace house, townhouse 1046 25.1
    Flat, unit or apartment 30 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 619 39.9
    Being purchased 486 31.3
    Rented 444 28.6
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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