Suburb Profile Report for Narrogin WA (6312)

Narrogin House: Median price $192,500, Annual capital growth 0.21%, Number of sales 60, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Narrogin, 6312 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 10.00%

Narrogin,6312 has offered an average of 10.00% return per annum in house price rises to property investors over the last three years.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Narrogin itself are offering an average vendor discount of -13.25% to real estate investors.

Often selling an investment property can take time, and in Narrogin the average time real estate has been on the market is 141.26 days.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 0.21%, investors should hope to achieve an overall return of 7.83%

Metrics i HOUSE UNIT
$192,500 N/A
-12.99% N/A
10.00% N/A
0.21% N/A
$290 N/A
60 N/A
7.83% N/A
141.26 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 4219
Median household income ($/weekly) 955
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 658 15.6
    25-34 years 434 10.3
    35-44 years 558 13.2
    45-54 years 544 12.9
    55-64 years 485 11.5
    Others 1540 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 1336 49.4
    Not Married 1074 39.7
    Defacto Relationship 297 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3436 85.6
    Papua New Guinea 81 2.0
    South Africa 35 0.9
    United Kingdom 199 5.0
    Other 79 2.0
    Others 185 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.6
    Christianity 2736 71.1
    Hinduism 10 0.3
    Other Religious Groups 22 0.6
    No Religion 1046 27.2
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 143 10.5
    $400-$599 180 13.2
    $600-$799 140 10.3
    $800-$999 145 10.6
    $1,500-$1,999 169 12.4
    Others 587 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1195 38.8
    Employed, worked full-time 1070 34.8
    Employed, worked part-time 547 17.8
    Employed, away from work 137 4.5
    Unemployed, looking for work 129 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 291 16.6
    Technicians & trades workers 307 17.5
    Community & personal service workers 212 12.1
    Clerical & administrative workers 210 12.0
    Labourers 231 13.2
    Others 503 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 64 6.6
    Infants/Primary 413 42.4
    Secondary 341 35.0
    Technical or Further Educational Institution 98 10.1
    University or other Tertiary Institutions 48 4.9
    Others 9 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3349 91.2
    Flat, unit or apartment 192 5.2
    Semi-detached, row or terrace house, townhouse 126 3.4
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 519 34.7
    Fully owned 485 32.4
    Being purchased 479 32.0
    Other tenure type 12 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals