Suburb Profile Report for Castletown WA (6450)

Castletown House: Median price $319,000, Annual capital growth -1.19%, Number of sales 54, Weekly median advertised rent $330

  • 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

Giving property investors a a poor capital gain of -13.20% for the last year, Castletown, 6450 is the 3673th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Castletown has given property investors a paper return of -7.54%. This puts Suburb as 420 on a list of fastest fasting appreciating suburbs in WA

Our latest figures would indicate that property sellers in Castletown are currently offering property investors an average price cut of -9.14% below the asking price at the moment.

At number 3081 in a list of fastest selling suburbs, Castletown is in the bottom 20% of suburbs in Australia with an average of days on market 108.974 for properties listed there.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of -1.19%, investors should hope to achieve an overall return of 5.38%

Metrics i HOUSE UNIT
$319,000 N/A
-7.54% N/A
-13.20% N/A
-1.19% N/A
$330 N/A
54 N/A
5.38% N/A
108.973684210526 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), Poor (U)
Find a mortgage broker in Castletown WA
Demographics
Total population 3816
Median household income ($/weekly) 1338
Median age of persons 36
Median housing loan repayment ($/monthly) 1780
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 600 15.7
    25-34 years 460 12.1
    35-44 years 584 15.3
    45-54 years 483 12.7
    55-64 years 425 11.1
    Others 1265 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 1247 53.2
    Not Married 763 32.5
    Defacto Relationship 335 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2978 86.5
    Papua New Guinea 100 2.9
    South Africa 55 1.6
    United Kingdom 180 5.2
    Other 45 1.3
    Others 84 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.7
    Christianity 2067 63.0
    Judaism 6 0.2
    Other Religious Groups 13 0.4
    No Religion 1167 35.6
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 114 10.6
    $1,000-$1,249 98 9.1
    $1,250-$1,499 122 11.3
    $1,500-$1,999 159 14.7
    $2,000-$2,499 131 12.1
    Others 455 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1050 40.1
    Not in the labour force 788 30.1
    Employed, worked part-time 556 21.2
    Employed, away from work 153 5.8
    Unemployed, looking for work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 202 11.5
    Professionals 250 14.3
    Technicians & trades workers 307 17.5
    Clerical & administrative workers 220 12.5
    Labourers 219 12.5
    Others 556 31.7
    Occupation
    Census Count Percent(%)
    Pre-school 80 10.2
    Infants/Primary 364 46.6
    Secondary 229 29.3
    Technical or Further Educational Institution 61 7.8
    University or other Tertiary Institutions 34 4.4
    Others 13 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3094 96.1
    Flat, unit or apartment 81 2.5
    Semi-detached, row or terrace house, townhouse 29 0.9
    Caravan, cabin, houseboat 16 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 431 34.9
    Rented 408 33.0
    Fully owned 397 32.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table