Suburb Profile Report for Myaree WA (6154)

Myaree House: Median price $750,000, Annual capital growth -20.73%, Number of sales 47, Weekly median advertised rent $250

Myaree Unit: Median price $415,000, Annual capital growth -20.30%, Number of sales 17, Weekly median advertised rent $0

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 3890th in the list of Australian suburbs ordered by increase in median house value over the last year, Myaree, 6154 is in the BOTTOM 10% with a property value increase of 0.00% recorded in median house prices.

Myaree,6154 was ranked 3830 in Australia by increase in median property value over the quarter.

Myaree, 6154 is offering WA ‘s 92th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.

In the last year 47 properties changed hands in Myaree, which puts it as the 326th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $250 and the average annual increase in value of a median property of -20.73%, investors should hope to achieve an overall return of 1.73%

At number 1612th in the list of Australian suburbs ordered by increase in median house value over the last year, Myaree, 6154 is in the BOTTOM 10% with a property value increase of 0.00% recorded in median house prices.

While Myaree,6154 ranked number 78th in WA for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.

Myaree, 6154 is offering WA ‘s 26th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.

Often selling an investment property can take time, and in Myaree the average time real estate has been on the market is 0 days.

Using the current median advertised rental of $0 and the average annual increase in value of a median property of -20.30%, investors should hope to achieve an overall return of 0.00%

Metrics i HOUSE UNIT
$750,000 $415,000
0.00% 0.00%
0.00% 0.00%
-20.73% -20.30%
$250 $0
47 17
11.11% 0.00%
0 0

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. 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 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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