Suburb Profile Report for Northam WA (6401)

Northam House: Median price $180,000, Annual capital growth -2.75%, Number of sales 111, Weekly median advertised rent $280

  • 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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Northam, 6401 ranked 396th in WA when comparing growth in median property values or capital gain over the last 12 months. Northam is one of 1662 in our list for WA

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

The most recent median price for Northam is $180000, with sellers offering an average of -14.64% off the asking price.

Northam is 24th on a list of best yielding suburbs for rents in WA with a 8.09% return

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Northam, WA – House stock rises in Avon Valley

Postcode: 6401

Median house price: $200,000

Stock on market: 21.1%

12-month growth: -4%

The suburb of Northam, located within the largest town in the Avon Valley, has been known as the biggest inland town in Western Australia whose economy was not driven by mining.

Instead, the suburb has a strong bent towards tourism, with attractions like hot air ballooning and museums drawing visitors. Northam has a notable food scene as well, with wineries, cafes and restaurants to visit.

Northam Senior High School has been established in the suburb. It also serves the majority of the western Wheatbelt region, with the local railway station being a major transport junction. Housing stock levels rose in the 12 months to July 2019 from 226 to 272.

Metrics i HOUSE UNIT
$180,000 N/A
-7.69% N/A
-13.46% N/A
-2.75% N/A
$280 N/A
111 N/A
8.09% N/A
135.828125 N/A

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.

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 6580
Median household income ($/weekly) 983
Median age of persons 38
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 970 14.7
    25-34 years 745 11.3
    35-44 years 791 12.0
    45-54 years 859 13.1
    55-64 years 850 12.9
    Others 2365 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 2022 47.9
    Not Married 1761 41.8
    Defacto Relationship 434 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4983 84.1
    Papua New Guinea 120 2.0
    Philippines 72 1.2
    United Kingdom 320 5.4
    Other 125 2.1
    Others 302 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 0.5
    Christianity 4043 71.6
    Hinduism 8 0.1
    Other Religious Groups 39 0.7
    No Religion 1521 26.9
    Others 8 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 224 11.1
    $400-$599 246 12.2
    $600-$799 195 9.7
    $800-$999 198 9.8
    $1,500-$1,999 250 12.4
    Others 898 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1766 38.4
    Employed, worked full-time 1617 35.2
    Employed, worked part-time 806 17.5
    Unemployed, looking for work 204 4.4
    Employed, away from work 203 4.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 349 13.3
    Technicians & trades workers 450 17.2
    Community & personal service workers 299 11.4
    Clerical & administrative workers 392 15.0
    Labourers 346 13.2
    Others 785 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 103 8.0
    Infants/Primary 579 45.1
    Secondary 357 27.8
    Technical or Further Educational Institution 143 11.1
    University or other Tertiary Institutions 63 4.9
    Others 38 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5269 93.6
    Flat, unit or apartment 179 3.2
    Semi-detached, row or terrace house, townhouse 112 2.0
    Caravan, cabin, houseboat 69 1.2
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 781 34.9
    Being purchased 766 34.2
    Rented 682 30.4
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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