Suburb Profile Report for Booragoon WA (6154)

Booragoon House: Median price $887,500, Annual capital growth 1.94%, Number of sales 64, Weekly median advertised rent $450

Booragoon Unit: Median price $505,000, Annual capital growth 0.73%, Number of sales 19, 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
  • Unit Report

Booragoon, 6154 ranked 56th in WA when comparing growth in median property values or capital gain over the last 12 months. Booragoon is one of 1662 in our list for WA

Across a shorter period, Booragoon, 6154 has seen a median price increase of 4.17% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Booragoon is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 100th in terms of most discounted suburbs in WA

A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.64%, without taking into account capital value appreciation, which has been averaging out at 1.94%.

At number 631th in the list of Australian suburbs ordered by increase in median house value over the last year, Booragoon, 6154 is in the top half with a property value increase of -0.49% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Booragoon comes in at number 41th in WA.

With the median price for a house in Booragoon being $505000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.07%

Metrics i HOUSE UNIT
$887,500 $505,000
4.17% 2.02%
6.35% -0.49%
1.94% 0.73%
$450 $395
64 19
2.64% 4.07%
65.9591836734694 101.545454545455

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 5461
Median household income ($/weekly) 1489
Median age of persons 43
Median housing loan repayment ($/monthly) 2178
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 664 12.2
    25-34 years 474 8.7
    35-44 years 693 12.7
    45-54 years 767 14.0
    55-64 years 665 12.2
    Others 2199 40.3
    Age Group
    Census Count Percent(%)
    Registered Married 2201 53.6
    Not Married 1700 41.4
    Defacto Relationship 203 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3078 59.9
    Malta 167 3.2
    South Africa 166 3.2
    United Kingdom 623 12.1
    Other 239 4.6
    Others 869 16.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 132 2.6
    Christianity 3416 67.9
    Islam 75 1.5
    Other Religious Groups 49 1.0
    No Religion 1326 26.4
    Others 30 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 154 8.5
    $600-$799 160 8.8
    $1,500-$1,999 181 10.0
    $2,500-$2,999 219 12.1
    $3,000-$3,499 156 8.6
    Others 944 52.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1678 38.7
    Employed, worked full-time 1524 35.1
    Employed, worked part-time 908 20.9
    Employed, away from work 135 3.1
    Unemployed, looking for work 94 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 387 15.1
    Professionals 818 31.8
    Technicians & trades workers 296 11.5
    Community & personal service workers 236 9.2
    Clerical & administrative workers 358 13.9
    Others 476 18.5
    Occupation
    Census Count Percent(%)
    Pre-school 68 5.0
    Infants/Primary 434 31.8
    Secondary 342 25.0
    Technical or Further Educational Institution 96 7.0
    University or other Tertiary Institutions 397 29.1
    Others 29 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4360 86.2
    Semi-detached, row or terrace house, townhouse 539 10.7
    Flat, unit or apartment 158 3.1
    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 999 50.1
    Being purchased 627 31.4
    Rented 359 18.0
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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