Suburb Profile Report for Gingin WA (6503)

Gingin House: Median price $360,000, Annual capital growth 0.41%, Number of sales 11, Weekly median advertised rent $355

  • 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.

  • House Report

Investment property in Gingin has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.00%

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

A $355 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 0.41%.

Metrics i HOUSE UNIT
$360,000 N/A
N/A N/A
-4.00% N/A
0.41% N/A
$355 N/A
11 N/A
5.13% N/A
N/A N/A

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.

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 742
Median household income ($/weekly) 1112
Median age of persons 35
Median housing loan repayment ($/monthly) 1462
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 103 13.9
    25-34 years 103 13.9
    35-44 years 99 13.3
    45-54 years 91 12.2
    55-64 years 88 11.8
    Others 259 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 290 55.9
    Not Married 164 31.6
    Defacto Relationship 65 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 552 75.8
    Japan 7 1.0
    Papua New Guinea 13 1.8
    Philippines 65 8.9
    United Kingdom 64 8.8
    Others 27 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 449 65.9
    No Religion 226 33.2
    Buddhism 6 0.9
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 31 12.8
    $600-$799 27 11.1
    $1,000-$1,249 28 11.5
    $1,250-$1,499 25 10.3
    $1,500-$1,999 36 14.8
    Others 96 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 219 40.5
    Not in the labour force 185 34.2
    Employed, worked part-time 103 19.0
    Employed, away from work 26 4.8
    Unemployed, looking for work 8 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 57 16.3
    Technicians & trades workers 53 15.1
    Clerical & administrative workers 38 10.9
    Machinery operators & drivers 36 10.3
    Labourers 76 21.7
    Others 90 25.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 64 43.8
    Secondary 38 26.0
    Pre-school 20 13.7
    Technical or Further Educational Institution 12 8.2
    University or other Tertiary Institutions 12 8.2
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 703 98.7
    Semi-detached, row or terrace house, townhouse 6 0.8
    Flat, unit or apartment 3 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 92 33.8
    Rented 92 33.8
    Being purchased 88 32.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table