Suburb Profile Report for Quindalup WA (6281)

Quindalup House: Median price $860,000, Annual capital growth 3.83%, Number of sales 39, 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

At number 776th in the list of Australian suburbs ordered by increase in median house value over the last year, Quindalup, 6281 is in the top 20% with a property value increase of 7.50% recorded in median house prices.

Quindalup,6281 has offered an average of 7.50% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Quindalup are currently offering property investors an average price cut of -8.02% below the asking price at the moment.

At number 3384 in a list of fastest selling suburbs, Quindalup is in the bottom 10% of suburbs in Australia with an average of days on market 124.414 for properties listed there.

Quindalup is 404th on a list of best yielding suburbs for rents in WA with a 2.75% return

Metrics	HOUSE	UNIT
Median price	$860,000	N/A
Quarterly growth	-3.96%	N/A
12-month growth	7.50%	N/A
Average Annual Growth	3.83%	N/A
Weekly median advertised rent	$455	N/A
Number of sales	39	N/A
Gross rental yield	2.75%	N/A
Days on market	124.413793103448	N/A

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

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Demographics

Total population	1105
Median household income ($/weekly)	1167
Median age of persons	42
Median housing loan repayment ($/monthly)	2000
Average household size	2.5

Census	Count	Percent(%)
5-14 years	150	13.6
35-44 years	169	15.3
45-54 years	187	16.9
55-64 years	173	15.6
65-74 years	120	10.8
Others	307	27.8

Age Group

Census	Count	Percent(%)
Registered Married	434	58.0
Not Married	216	28.9
Defacto Relationship	98	13.1

Social Marital Status

Census	Count	Percent(%)
Australia	829	77.5
Italy	11	1.0
Papua New Guinea	30	2.8
United Kingdom	124	11.6
Other	28	2.6
Others	47	4.4

Country of Birth

Census	Count	Percent(%)
Buddhism	12	1.2
Christianity	678	66.5
Hinduism	4	0.4
Judaism	3	0.3
No Religion	320	31.4
Others	3	0.3

Religious Affiliation

Census	Count	Percent(%)
$400-$599	45	13.2
$800-$999	41	12.0
$1,000-$1,249	30	8.8
$1,500-$1,999	39	11.4
$2,000-$2,499	30	8.8
Others	156	45.7

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	285	33.6
Not in the labour force	271	32.0
Employed, worked part-time	222	26.2
Employed, away from work	51	6.0
Unemployed, looking for work	19	2.2

Person Characteristics

Census	Count	Percent(%)
Managers	103	18.5
Professionals	94	16.9
Technicians & trades workers	96	17.2
Clerical & administrative workers	64	11.5
Labourers	63	11.3
Others	137	24.6

Occupation

Census	Count	Percent(%)
Pre-school	9	3.9
Infants/Primary	116	50.7
Secondary	70	30.6
Technical or Further Educational Institution	19	8.3
University or other Tertiary Institutions	12	5.2
Others	3	1.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	897	93.7
Caravan, cabin, houseboat	42	4.4
Semi-detached, row or terrace house, townhouse	15	1.6
Improvised home, tent, sleepers out	3	0.3
Flat, unit or apartment	0	0.0
Others	0	0.0