Suburb Profile Report for South Kalgoorlie WA (6430)

South Kalgoorlie House: Median price $223,500, Annual capital growth -2.66%, Number of sales 55, Weekly median advertised rent $335

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Over the last year, property investments in South Kalgoorlie, 6430 have given investors a capital gain of -6.88%. This compares badly with the -2.18% for WA as a whole.

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in South Kalgoorlie, 6430. Typically our figures indicate that -12.45% is being offered, which puts this WA suburb at 88th most discounted overall in Australia.

Metrics	HOUSE	UNIT
Median price	$223,500	N/A
Quarterly growth	-4.39%	N/A
12-month growth	-6.88%	N/A
Average Annual Growth	-2.66%	N/A
Weekly median advertised rent	$335	N/A
Number of sales	55	N/A
Gross rental yield	7.79%	N/A
Days on market	97.375	N/A

Your estimated repayment
$864.72/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), Below average (U)

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Demographics

Total population	4849
Median household income ($/weekly)	1756
Median age of persons	30
Median housing loan repayment ($/monthly)	1733
Average household size	2.7

Census	Count	Percent(%)
5-14 years	691	14.3
25-34 years	893	18.4
35-44 years	689	14.2
45-54 years	603	12.4
55-64 years	448	9.2
Others	1525	31.4

Age Group

Census	Count	Percent(%)
Not Married	1314	43.2
Registered Married	1159	38.1
Defacto Relationship	569	18.7

Social Marital Status

Census	Count	Percent(%)
Australia	3245	75.8
Papua New Guinea	467	10.9
South Africa	65	1.5
United Kingdom	132	3.1
Other	129	3.0
Others	244	5.7

Country of Birth

Census	Count	Percent(%)
Buddhism	41	1.0
Christianity	2503	62.5
Hinduism	50	1.2
Islam	24	0.6
No Religion	1358	33.9
Others	30	0.7

Religious Affiliation

Census	Count	Percent(%)
$1,250-$1,499	106	8.2
$1,500-$1,999	192	14.9
$2,000-$2,499	142	11.0
$2,500-$2,999	178	13.8
$3,000-$3,499	111	8.6
Others	561	43.5

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1640	50.0
Not in the labour force	840	25.6
Employed, worked part-time	483	14.7
Employed, away from work	174	5.3
Unemployed, looking for work	141	4.3

Person Characteristics

Census	Count	Percent(%)
Professionals	233	10.2
Technicians & trades workers	536	23.4
Clerical & administrative workers	268	11.7
Machinery operators & drivers	444	19.3
Labourers	240	10.5
Others	574	25.0

Occupation

Census	Count	Percent(%)
Pre-school	89	9.9
Infants/Primary	411	45.8
Secondary	211	23.5
Technical or Further Educational Institution	103	11.5
University or other Tertiary Institutions	58	6.5
Others	26	2.9

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	3509	85.5
Semi-detached, row or terrace house, townhouse	519	12.7
Flat, unit or apartment	74	1.8
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0