Suburb Profile Report for Victory Heights WA (6432)

Victory Heights House: Median price $277,500, Annual capital growth 11.73%, Number of sales 14, Weekly median advertised rent $300

  • 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.

  • House Report

A -22.92% growth in median value for property investors in Victory Heights,6432 puts this suburb at number 407th in terms of best performing suburbs in WA

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.58% offered to property buyers. Sellers in Victory Heights itself are offering an average vendor discount of -11.62% to real estate investors.

At number 3430 in a list of fastest selling suburbs, Victory Heights is in the bottom 10% of suburbs in Australia with an average of days on market 130.636 for properties listed there.

Advertised rents are around the $300 mark per week – giving a return of 5.62% based on the median price in Suburb

Metrics i HOUSE UNIT
$277,500 N/A
-5.93% N/A
N/A N/A
11.73% N/A
$300 N/A
14 N/A
5.62% N/A
130.636363636364 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 : Balanced (H), Below average (U)
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Demographics
Total population 909
Median household income ($/weekly) 1892
Median age of persons 30
Median housing loan repayment ($/monthly) 1625
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 164 18.1
    15-19 years 84 9.3
    25-34 years 139 15.3
    35-44 years 149 16.4
    45-54 years 136 15.0
    Others 236 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 244 41.6
    Not Married 233 39.7
    Defacto Relationship 110 18.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 631 78.8
    Papua New Guinea 82 10.2
    Philippines 18 2.2
    United Kingdom 25 3.1
    Other 14 1.7
    Others 31 3.9
    Country of Birth
    Census Count Percent(%)
    Christianity 506 66.7
    No Religion 239 31.5
    Islam 6 0.8
    Buddhism 4 0.5
    Hinduism 4 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 26 10.4
    $1,250-$1,499 24 9.6
    $2,000-$2,499 32 12.8
    $2,500-$2,999 34 13.6
    $3,000-$3,499 26 10.4
    Others 108 43.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 331 55.2
    Not in the labour force 124 20.7
    Employed, worked part-time 95 15.8
    Employed, away from work 25 4.2
    Unemployed, looking for work 25 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 121 26.8
    Clerical & administrative workers 62 13.7
    Sales 39 8.6
    Machinery operators & drivers 86 19.1
    Labourers 48 10.6
    Others 95 21.1
    Occupation
    Census Count Percent(%)
    Pre-school 15 7.9
    Infants/Primary 94 49.5
    Secondary 52 27.4
    Technical or Further Educational Institution 16 8.4
    University or other Tertiary Institutions 7 3.7
    Others 6 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 691 86.3
    Flat, unit or apartment 77 9.6
    Semi-detached, row or terrace house, townhouse 33 4.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 140 51.3
    Rented 90 33.0
    Fully owned 43 15.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table