Suburb Profile Report for Murdoch WA (6150)

Murdoch House: Median price $657,500, Annual capital growth 1.00%, Number of sales 16, Weekly median advertised rent $438

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

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

  • House Report

WA has seen average median house prices change by -2.18% which means that Murdoch, 6150 has not done well for property investors by showing a capital gain of -9.50% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Murdoch has fallen somewhat when compared to the 5 year average annual rate.

Vendor discounting in Murdoch is giving property investors an average Vendor Discount of around -7.71%. This puts suburb at number 215th in WA when ranking the most discounted suburbs.

In the last year 16 properties changed hands in Murdoch, which puts it as the 391th most active market in WA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$657,500 N/A
-1.28% N/A
-9.50% N/A
1.00% N/A
$438 N/A
16 N/A
3.46% N/A
88 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 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 3324
Median household income ($/weekly) 1078
Median age of persons 35
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    15-19 years 398 12.0
    20-24 years 563 16.9
    25-34 years 379 11.4
    45-54 years 351 10.6
    55-64 years 366 11.0
    Others 1268 38.1
    Age Group
    Census Count Percent(%)
    Not Married 1522 56.1
    Registered Married 1125 41.5
    Defacto Relationship 65 2.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1525 48.4
    Malta 299 9.5
    Singapore 196 6.2
    United Kingdom 197 6.3
    Other 287 9.1
    Others 645 20.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 252 8.2
    Christianity 1926 62.6
    Hinduism 90 2.9
    Islam 82 2.7
    No Religion 683 22.2
    Others 42 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 119 11.9
    $600-$799 111 11.1
    $800-$999 95 9.5
    $1,500-$1,999 80 8.0
    $3,000-$3,499 74 7.4
    Others 525 52.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1300 45.6
    Employed, worked full-time 719 25.2
    Employed, worked part-time 630 22.1
    Unemployed, looking for work 124 4.3
    Employed, away from work 81 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 404 28.2
    Technicians & trades workers 150 10.5
    Community & personal service workers 182 12.7
    Clerical & administrative workers 217 15.2
    Sales 189 13.2
    Others 290 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 21 1.7
    Infants/Primary 154 12.6
    Secondary 168 13.7
    Technical or Further Educational Institution 76 6.2
    University or other Tertiary Institutions 785 64.2
    Others 19 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1939 62.6
    Flat, unit or apartment 726 23.4
    Semi-detached, row or terrace house, townhouse 432 13.9
    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 458 42.0
    Rented 312 28.6
    Being purchased 201 18.4
    Other tenure type 120 11.0
    Tenure Type
Census 2011, ABS
Chart Table