Suburb Profile Report for Hopetoun WA (6348)

Hopetoun House: Median price $270,000, Annual capital growth -0.71%, Number of sales 17, Weekly median advertised rent $280

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

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

  • House Report

Investment property in Hopetoun has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 37.06%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hopetoun has fallen somewhat when compared to the 5 year average annual rate.

In the last year 17 properties changed hands in Hopetoun, which puts it as the 384th most active market in WA when comparing the number of sales per suburb.

Property investors should expect to get $280 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$270,000 N/A
2.86% N/A
37.06% N/A
-0.71% N/A
$280 N/A
17 N/A
5.39% N/A
N/A N/A

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

DSR Score for property investment : Poor (H), Above average (U)
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Demographics
Total population 1397
Median household income ($/weekly) 1453
Median age of persons 39
Median housing loan repayment ($/monthly) 1387
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 197 14.1
    25-34 years 193 13.8
    35-44 years 202 14.5
    45-54 years 198 14.2
    55-64 years 180 12.9
    Others 427 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 531 61.9
    Not Married 209 24.4
    Defacto Relationship 118 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1043 81.9
    Papua New Guinea 40 3.1
    South Africa 36 2.8
    United Kingdom 87 6.8
    Other 27 2.1
    Others 40 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 767 63.7
    No Religion 403 33.4
    Buddhism 18 1.5
    Other Religious Groups 11 0.9
    Islam 6 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 37 8.5
    $800-$999 34 7.8
    $1,250-$1,499 34 7.8
    $1,500-$1,999 62 14.2
    $2,500-$2,999 83 19.0
    Others 187 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 423 43.9
    Not in the labour force 324 33.6
    Employed, worked part-time 134 13.9
    Employed, away from work 66 6.8
    Unemployed, looking for work 17 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 175 28.2
    Technicians & trades workers 112 18.1
    Clerical & administrative workers 63 10.2
    Machinery operators & drivers 84 13.5
    Labourers 66 10.6
    Others 120 19.4
    Occupation
    Census Count Percent(%)
    Pre-school 31 13.8
    Infants/Primary 146 64.9
    Secondary 19 8.4
    Technical or Further Educational Institution 13 5.8
    University or other Tertiary Institutions 13 5.8
    Others 3 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1112 93.6
    Semi-detached, row or terrace house, townhouse 36 3.0
    Flat, unit or apartment 11 0.9
    Caravan, cabin, houseboat 18 1.5
    Improvised home, tent, sleepers out 7 0.6
    Others 4 0.3
    Dwelling Structure
    Census Count Percent(%)
    Rented 216 45.7
    Fully owned 169 35.7
    Being purchased 85 18.0
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table