Suburb Profile Report for Gelorup WA (6230)

Gelorup House: Median price $517,500, Annual capital growth -0.85%, Number of sales 30, Weekly median advertised rent $445

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

House Report

With a capital gain of -13.17% for the last 12 months, Gelorup, 6230 has performed for property investments than its average annual -0.85% property growth over the last 5 years.

Across a shorter period, Gelorup, 6230 has seen a median price increase of -7.59% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Gelorup is offering property investors an average of -8.11. This rate of discount on properties puts Suburb at number 308th in terms of most discounted suburbs in WA

Gelorup, 6230’s gross rental yield is 4.47%

Metrics	HOUSE	UNIT
Median price	$517,500	N/A
Quarterly growth	-7.59%	N/A
12-month growth	-13.17%	N/A
Average Annual Growth	-0.85%	N/A
Weekly median advertised rent	$445	N/A
Number of sales	30	N/A
Gross rental yield	4.47%	N/A
Days on market	75.28	N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)

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Demographics

Total population	2180
Median household income ($/weekly)	1866
Median age of persons	40
Median housing loan repayment ($/monthly)	1850
Average household size	3

Census	Count	Percent(%)
5-14 years	404	18.5
15-19 years	270	12.4
35-44 years	299	13.7
45-54 years	446	20.5
55-64 years	289	13.3
Others	472	21.7

Age Group

Census	Count	Percent(%)
Registered Married	923	65.5
Not Married	395	28.0
Defacto Relationship	92	6.5

Social Marital Status

Census	Count	Percent(%)
Australia	1723	81.9
Papua New Guinea	44	2.1
South Africa	27	1.3
United Kingdom	182	8.7
Other	45	2.1
Others	82	3.9

Country of Birth

Census	Count	Percent(%)
Christianity	1413	70.3
No Religion	573	28.5
Buddhism	19	0.9
Other Religious Groups	4	0.2
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	41	7.8
$1,500-$1,999	73	13.8
$2,000-$2,499	65	12.3
$2,500-$2,999	89	16.9
$3,000-$3,499	46	8.7
Others	214	40.5

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	629	38.5
Not in the labour force	510	31.3
Employed, worked part-time	380	23.3
Employed, away from work	85	5.2
Unemployed, looking for work	28	1.7

Person Characteristics

Census	Count	Percent(%)
Managers	111	10.2
Professionals	252	23.2
Technicians & trades workers	204	18.8
Community & personal service workers	99	9.1
Clerical & administrative workers	148	13.6
Others	274	25.2

Occupation

Census	Count	Percent(%)
Pre-school	18	2.7
Infants/Primary	258	39.0
Secondary	303	45.8
Technical or Further Educational Institution	30	4.5
University or other Tertiary Institutions	48	7.3
Others	4	0.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1878	100.0
Semi-detached, row or terrace house, townhouse	0	0.0
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