Suburb Profile Report for Myaree WA (6154)

Myaree House: Median price $698,778, Annual capital growth 2.32%, Number of sales 51, Weekly median advertised rent $475

Myaree Unit: Median price $420,000, Annual capital growth 2.43%, Number of sales 11, Weekly median advertised rent $405

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 10.04% for the last year, Myaree, 6154 is the 2617th highest performer in Australia in this respect.

Myaree,6154 was ranked 4331 in Australia by increase in median property value over the quarter.

At number 376th of WA’s most discounted properties, Myaree is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Myaree is 335th on a list of best yielding suburbs for rents in WA with a 3.53% return

Myaree, 6154 ranked 62th in WA when comparing growth in median property values or capital gain over the last 12 months. Myaree is one of 1662 in our list for WA

At number 1014 in a list of fastest selling suburbs, Myaree is in the bottom 40% of suburbs in Australia with an average of days on market 72 for properties listed there.

A $405 per week rent on the median house gives suburb investors a gross yield of circa 5.01%, without taking into account capital value appreciation, which has been averaging out at 2.43%.

Metrics i HOUSE UNIT
$698,778 $420,000
-1.24% 5.00%
10.04% 7.01%
2.32% 2.43%
$475 $405
51 11
3.53% 5.01%
43.3611111111111 72

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1896
Median household income ($/weekly) 1092
Median age of persons 41
Median housing loan repayment ($/monthly) 2000
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 244 12.9
    25-34 years 219 11.5
    35-44 years 285 15.0
    45-54 years 217 11.4
    75-84 years 202 10.6
    Others 730 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 636 46.1
    Not Married 622 45.1
    Defacto Relationship 121 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1296 71.4
    Iraq 25 1.4
    Papua New Guinea 39 2.1
    United Kingdom 202 11.1
    Other 73 4.0
    Others 179 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.3
    Christianity 1184 67.4
    Hinduism 8 0.5
    Islam 10 0.6
    No Religion 526 30.0
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 83 11.6
    $400-$599 85 11.9
    $800-$999 66 9.2
    $1,500-$1,999 79 11.0
    $2,500-$2,999 76 10.6
    Others 326 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 604 41.3
    Employed, worked full-time 505 34.5
    Employed, worked part-time 272 18.6
    Employed, away from work 49 3.3
    Unemployed, looking for work 34 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 103 12.4
    Professionals 200 24.2
    Technicians & trades workers 126 15.2
    Clerical & administrative workers 145 17.5
    Sales 71 8.6
    Others 183 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 26 6.3
    Infants/Primary 177 42.7
    Secondary 94 22.7
    Technical or Further Educational Institution 32 7.7
    University or other Tertiary Institutions 80 19.3
    Others 6 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1452 83.4
    Semi-detached, row or terrace house, townhouse 286 16.4
    Flat, unit or apartment 4 0.2
    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 334 42.5
    Being purchased 251 32.0
    Rented 168 21.4
    Other tenure type 32 4.1
    Tenure Type
Census 2011, ABS
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