Suburb Profile Report for Silver Sands WA (6210)

Silver Sands House: Median price $367,000, Annual capital growth -1.74%, Number of sales 29, Weekly median advertised rent $310

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

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

  • House Report

Over the last year, property investments in Silver Sands, 6210 have given investors a capital gain of -10.60%. This compares very badly with the -1.78% for WA as a whole.

Silver Sands,6210 has offered an average of -10.60% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Silver Sands, 6210. Typically our figures indicate that -5.89% is being offered, which puts this WA suburb at 1718th most discounted overall in Australia.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.39%, without taking into account capital value appreciation, which has been averaging out at -1.74%.

Metrics i HOUSE UNIT
$367,000 N/A
-2.13% N/A
-10.60% N/A
-1.74% N/A
$310 N/A
29 N/A
4.39% N/A
75.8333333333333 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 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 1240
Median household income ($/weekly) 982
Median age of persons 45
Median housing loan repayment ($/monthly) 1898
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 127 10.2
    35-44 years 133 10.7
    45-54 years 181 14.6
    55-64 years 188 15.1
    65-74 years 149 12.0
    Others 463 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 425 49.1
    Not Married 328 37.9
    Defacto Relationship 113 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 873 76.6
    New Zealand 12 1.1
    Papua New Guinea 26 2.3
    South Africa 17 1.5
    United Kingdom 161 14.1
    Others 50 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 1.5
    Christianity 758 69.4
    Hinduism 8 0.7
    Other Religious Groups 7 0.6
    No Religion 299 27.4
    Others 4 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 39 9.7
    $400-$599 62 15.4
    $800-$999 46 11.4
    $1,500-$1,999 38 9.4
    $2,500-$2,999 40 9.9
    Others 178 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 384 40.5
    Employed, worked full-time 302 31.9
    Employed, worked part-time 187 19.7
    Employed, away from work 39 4.1
    Unemployed, looking for work 36 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 64 12.1
    Technicians & trades workers 105 19.8
    Clerical & administrative workers 72 13.6
    Sales 62 11.7
    Labourers 65 12.2
    Others 163 30.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 78 38.0
    Secondary 59 28.8
    University or other Tertiary Institutions 29 14.1
    Technical or Further Educational Institution 23 11.2
    Pre-school 16 7.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1065 97.5
    Semi-detached, row or terrace house, townhouse 27 2.5
    Flat, unit or apartment 0 0.0
    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 183 40.3
    Rented 160 35.2
    Being purchased 108 23.8
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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