Suburb Profile Report for Gelorup WA (6230)

Gelorup House: Median price $527,500, Annual capital growth -0.78%, Number of sales 29, Weekly median advertised rent $445

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

House Report

At number 3569th in the list of Australian suburbs ordered by increase in median house value over the last year, Gelorup, 6230 is in the BOTTOM 20% with a property value increase of -4.95% recorded in median house prices.

Comparing Gelorup,6230 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Gelorup6230 is located in WA which offers an average discount of -8.02% to property investors. Gelorup itself is showing figures that indicate -6.37% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Gelorup have been waiting around 108.15 days to sell a property.

Gelorup, 6230’s gross rental yield is 4.39%

Metrics	HOUSE	UNIT
Median price	$527,500	N/A
Quarterly growth	-2.09%	N/A
12-month growth	-4.95%	N/A
Average Annual Growth	-0.78%	N/A
Weekly median advertised rent	$445	N/A
Number of sales	29	N/A
Gross rental yield	4.39%	N/A
Days on market	108.15	N/A

Source: CoreLogic

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