Suburb Profile Report for Withers WA (6230)

Withers House: Median price $207,500, Annual capital growth -1.95%, Number of sales 51, Weekly median advertised rent $260

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.

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House Report

Property investors who have had real estate in Withers, 6230 should be relatively 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 4.53%

When looking at the potential capital gains offered to property investors over the last 3 years, Withers comes in at number 367th in WA.

Vendor discounting in Withers is giving property investors an average Vendor Discount of around -11.59%. This puts suburb at number 42th in WA when ranking the most discounted suburbs.

The WA suburb of Withers, 6230 is in the Bunbury (C) local government area.

Metrics	HOUSE	UNIT
Median price	$207,500	N/A
Quarterly growth	4.27%	N/A
12-month growth	4.53%	N/A
Average Annual Growth	-1.95%	N/A
Weekly median advertised rent	$260	N/A
Number of sales	51	N/A
Gross rental yield	6.52%	N/A
Days on market	116.977272727273	N/A

Your estimated repayment
$802.82/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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

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Demographics

Total population	3111
Median household income ($/weekly)	783
Median age of persons	35
Median housing loan repayment ($/monthly)	1300
Average household size	2.2

Census	Count	Percent(%)
5-14 years	406	13.0
25-34 years	465	14.9
35-44 years	411	13.2
45-54 years	358	11.5
55-64 years	392	12.6
Others	1080	34.7

Age Group

Census	Count	Percent(%)
Not Married	1176	54.6
Registered Married	726	33.7
Defacto Relationship	253	11.7

Social Marital Status

Census	Count	Percent(%)
Australia	2202	79.4
Papua New Guinea	77	2.8
Philippines	31	1.1
United Kingdom	228	8.2
Other	64	2.3
Others	170	6.1

Country of Birth

Census	Count	Percent(%)
Buddhism	31	1.2
Christianity	1602	62.4
Islam	30	1.2
Other Religious Groups	19	0.7
No Religion	874	34.1
Others	10	0.4

Religious Affiliation

Census	Count	Percent(%)
$300-$399	136	12.3
$400-$599	175	15.8
$600-$799	146	13.2
$1,000-$1,249	107	9.7
$1,500-$1,999	122	11.0
Others	422	38.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	942	42.1
Employed, worked full-time	693	31.0
Employed, worked part-time	385	17.2
Unemployed, looking for work	123	5.5
Employed, away from work	94	4.2

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	225	19.1
Community & personal service workers	120	10.2
Sales	115	9.8
Machinery operators & drivers	153	13.0
Labourers	242	20.6
Others	320	27.2

Occupation

Census	Count	Percent(%)
Pre-school	44	7.9
Infants/Primary	242	43.5
Secondary	128	23.0
Technical or Further Educational Institution	84	15.1
University or other Tertiary Institutions	43	7.7
Others	15	2.7

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2307	82.9
Semi-detached, row or terrace house, townhouse	382	13.7
Flat, unit or apartment	94	3.4
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0