Suburb Profile Report for Meadow Springs WA (6210)

Meadow Springs House: Median price $362,500, Annual capital growth 0.31%, Number of sales 116, 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

At number 1125th in the list of Australian suburbs ordered by increase in median house value over the last year, Meadow Springs, 6210 is in the top 30% with a property value increase of 3.57% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Meadow Springs has fallen somewhat when compared to the 5 year average annual rate.

The most recent median price for Meadow Springs is $362500, with sellers offering an average of -8.88% off the asking price.

Metrics i HOUSE UNIT
$362,500 N/A
0.69% N/A
3.57% N/A
0.31% N/A
$350 N/A
116 N/A
5.02% N/A
117.851063829787 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 5921
Median household income ($/weekly) 1294
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 848 14.3
    25-34 years 715 12.1
    35-44 years 827 14.0
    45-54 years 694 11.7
    55-64 years 516 8.7
    Others 2320 39.2
    Age Group
    Census Count Percent(%)
    Registered Married 2166 54.6
    Not Married 1356 34.2
    Defacto Relationship 444 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3872 70.2
    Papua New Guinea 230 4.2
    South Africa 106 1.9
    United Kingdom 862 15.6
    Other 156 2.8
    Others 291 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 1.1
    Christianity 3762 71.3
    Hinduism 19 0.4
    Islam 16 0.3
    No Religion 1401 26.6
    Others 16 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 221 12.5
    $600-$799 184 10.4
    $1,500-$1,999 218 12.3
    $2,000-$2,499 157 8.8
    $2,500-$2,999 225 12.7
    Others 770 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1723 40.0
    Employed, worked full-time 1548 35.9
    Employed, worked part-time 757 17.6
    Unemployed, looking for work 144 3.3
    Employed, away from work 138 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 370 15.2
    Technicians & trades workers 496 20.3
    Community & personal service workers 270 11.1
    Clerical & administrative workers 309 12.7
    Sales 283 11.6
    Others 714 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 87 6.9
    Infants/Primary 591 46.9
    Secondary 321 25.5
    Technical or Further Educational Institution 122 9.7
    University or other Tertiary Institutions 116 9.2
    Others 24 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4675 89.0
    Semi-detached, row or terrace house, townhouse 422 8.0
    Flat, unit or apartment 158 3.0
    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 812 40.6
    Rented 562 28.1
    Fully owned 444 22.2
    Other tenure type 183 9.1
    Tenure Type
Census 2011, ABS
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