Suburb Profile Report for Gelorup WA (6230)

Gelorup House: Median price $528,500, Annual capital growth 0.11%, Number of sales 26, Weekly median advertised rent $455

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Property investors who have had real estate in Gelorup, 6230 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.97%

Gelorup,6230 has offered an average of 8.97% return per annum in house price rises to property investors over the last three years.

At number 1648 in a list of fastest selling suburbs, Gelorup is just in the top half of suburbs in Australia with an average of days on market 73.5714 for properties listed there.

Renters in Suburb are facing rents around $23660 per annum or $455 every week.

Metrics	HOUSE	UNIT
Median price	$528,500	N/A
Quarterly growth	3.68%	N/A
12-month growth	8.97%	N/A
Average Annual Growth	0.11%	N/A
Weekly median advertised rent	$455	N/A
Number of sales	26	N/A
Gross rental yield	4.48%	N/A
Days on market	73.5714285714286	N/A

DSR Score for property investment : Above average (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