Suburb Profile Report for Hammond Park WA (6164)

Hammond Park House: Median price $500,000, Annual capital growth 3.61%, Number of sales 47, Weekly median advertised rent $390

Hammond Park Unit: Median price $260,000, Annual capital growth -3.47%, 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 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

Over the last year, property investments in Hammond Park, 6164 have given investors a capital gain of -2.72%. This compares averagely with the -2.74% for WA as a whole.

If we look at median property appreciation over just the last three months, Hammond Park has given property investors a paper return of -2.91%. This puts Suburb as 347 on a list of fastest fasting appreciating suburbs in WA

LACK OF BUYER INTEREST may well be the reason that Hammond Park is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 277th in terms of most discounted suburbs in WA

In the last year 47 properties changed hands in Hammond Park, which puts it as the 228th most active market in WA when comparing the number of sales per suburb.

Advertised rents are around the $390 mark per week – giving a return of 4.06% based on the median price in Suburb

With a capital gain of -30.48% for the last 12 months, Hammond Park, 6164 has performed for property investments than its average annual -3.47% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Hammond Park has given property investors a paper return of -1.89%. This puts Suburb as 62 on a list of fastest fasting appreciating suburbs in WA

On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.

Hammond Park is 12th on a list of best yielding suburbs for rents in WA with a 7.00% return

Metrics i HOUSE UNIT
$500,000 $260,000
-2.91% -1.89%
-2.72% -30.48%
3.61% -3.47%
$390 $350
47 13
4.06% 7.00%
104.166666666667 N/A

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 2434
Median household income ($/weekly) 2137
Median age of persons 29
Median housing loan repayment ($/monthly) 2535
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 293 12.0
    5-14 years 307 12.6
    25-34 years 678 27.9
    35-44 years 411 16.9
    45-54 years 219 9.0
    Others 526 21.6
    Age Group
    Census Count Percent(%)
    Registered Married 941 57.0
    Not Married 448 27.2
    Defacto Relationship 261 15.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1439 63.5
    Papua New Guinea 65 2.9
    South Africa 82 3.6
    United Kingdom 249 11.0
    Other 143 6.3
    Others 289 12.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 2.4
    Christianity 1459 66.9
    Hinduism 24 1.1
    Islam 19 0.9
    No Religion 609 27.9
    Others 17 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 55 7.6
    $1,500-$1,999 110 15.2
    $2,000-$2,499 131 18.0
    $2,500-$2,999 125 17.2
    $3,000-$3,499 67 9.2
    Others 238 32.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 988 57.8
    Employed, worked part-time 320 18.7
    Not in the labour force 282 16.5
    Employed, away from work 92 5.4
    Unemployed, looking for work 26 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 172 12.3
    Professionals 277 19.8
    Technicians & trades workers 244 17.4
    Clerical & administrative workers 253 18.1
    Sales 128 9.1
    Others 327 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 63 11.8
    Infants/Primary 186 34.7
    Secondary 129 24.1
    Technical or Further Educational Institution 51 9.5
    University or other Tertiary Institutions 94 17.5
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2006 89.9
    Semi-detached, row or terrace house, townhouse 192 8.6
    Flat, unit or apartment 34 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 571 70.4
    Rented 146 18.0
    Fully owned 91 11.2
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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