Suburb Profile Report for Erskine WA (6210)

Erskine House: Median price $362,500, Annual capital growth -0.34%, Number of sales 90, Weekly median advertised rent $330

Erskine Unit: Median price $265,000, Annual capital growth -1.36%, Number of sales 13, Weekly median advertised rent $285

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

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of -7.05% for the last 12 months, Erskine, 6210 has performed for property investments than its average annual -0.34% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Erskine has given property investors a paper return of -3.33%. This puts Suburb as 386 on a list of fastest fasting appreciating suburbs in WA

Property buyers and investors in Erskine 6210 should be seeing an average reduction in asking price of around -8.32% . This means that Erskine is holding prices well when compared to other suburbs in WA.

In the last year 90 properties changed hands in Erskine, which puts it as the 108th most active market in WA when comparing the number of sales per suburb.

With the median price for a house in Erskine being $362500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.73%

Giving property investors a a stable capital gain of 7.07% for the last year, Erskine, 6210 is the 410th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Erskine has given property investors a paper return of 0.00%. This puts Suburb as 42 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.

The WA suburb of Erskine, 6210 is in the Mandurah (C) local government area.

Metrics i HOUSE UNIT
$362,500 $265,000
-3.33% 0.00%
-7.05% 7.07%
-0.34% -1.36%
$330 $285
90 13
4.73% 5.59%
108.943661971831 116.769230769231

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4100
Median household income ($/weekly) 814
Median age of persons 54
Median housing loan repayment ($/monthly) 1820
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 383 9.3
    45-54 years 448 10.9
    55-64 years 661 16.1
    65-74 years 824 20.1
    75-84 years 445 10.9
    Others 1340 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 1719 56.3
    Not Married 1056 34.6
    Defacto Relationship 281 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2605 68.6
    Papua New Guinea 130 3.4
    South Africa 65 1.7
    United Kingdom 726 19.1
    Other 93 2.4
    Others 180 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 2709 74.0
    No Religion 901 24.6
    Buddhism 33 0.9
    Other Religious Groups 12 0.3
    Islam 5 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 142 9.4
    $400-$599 303 20.2
    $600-$799 194 12.9
    $800-$999 169 11.2
    $1,500-$1,999 145 9.6
    Others 550 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1803 54.7
    Employed, worked full-time 787 23.9
    Employed, worked part-time 494 15.0
    Employed, away from work 116 3.5
    Unemployed, looking for work 95 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 170 12.1
    Technicians & trades workers 281 20.1
    Clerical & administrative workers 177 12.6
    Sales 166 11.8
    Labourers 167 11.9
    Others 440 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 35 5.7
    Infants/Primary 264 42.9
    Secondary 151 24.5
    Technical or Further Educational Institution 72 11.7
    University or other Tertiary Institutions 72 11.7
    Others 22 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3011 82.9
    Semi-detached, row or terrace house, townhouse 415 11.4
    Flat, unit or apartment 205 5.6
    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 703 43.0
    Being purchased 418 25.6
    Rented 390 23.9
    Other tenure type 124 7.6
    Tenure Type
Census 2011, ABS
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