Suburb Profile Report for Cervantes WA (6511)

Cervantes House: Median price $315,000, Annual capital growth 1.79%, Number of sales 14, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Cervantes is in the bottom 20% in WA when comparing median price capital growth over the last year. Cervantes gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.00%.

Comparing Cervantes,6511 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 1.79%, investors should hope to achieve an overall return of 5.61%

Metrics i HOUSE UNIT
$315,000 N/A
-1.56% N/A
-10.00% N/A
1.79% N/A
$340 N/A
14 N/A
5.61% N/A
N/A N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. 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 461
Median household income ($/weekly) 785
Median age of persons 51
Median housing loan repayment ($/monthly) 900
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 46 10.0
    35-44 years 60 13.0
    45-54 years 58 12.6
    55-64 years 98 21.3
    65-74 years 67 14.6
    Others 131 28.5
    Age Group
    Census Count Percent(%)
    Registered Married 171 53.4
    Not Married 100 31.3
    Defacto Relationship 49 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 356 83.6
    Papua New Guinea 13 3.1
    Philippines 6 1.4
    United Kingdom 38 8.9
    Other 6 1.4
    Others 7 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 310 73.1
    No Religion 105 24.8
    Buddhism 6 1.4
    Other Religious Groups 3 0.7
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 18 10.9
    $400-$599 25 15.2
    $600-$799 21 12.7
    $800-$999 15 9.1
    $1,500-$1,999 19 11.5
    Others 67 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 183 50.6
    Employed, worked full-time 85 23.5
    Employed, worked part-time 67 18.5
    Employed, away from work 17 4.7
    Unemployed, looking for work 10 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 17 10.1
    Technicians & trades workers 21 12.4
    Clerical & administrative workers 20 11.8
    Machinery operators & drivers 18 10.7
    Labourers 44 26.0
    Others 49 29.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 32 64.0
    Secondary 7 14.0
    Pre-school 5 10.0
    Technical or Further Educational Institution 3 6.0
    Other type of educational institution 3 6.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 382 96.5
    Flat, unit or apartment 5 1.3
    House or flat attached to a shop, office 5 1.3
    Caravan, cabin, houseboat 4 1.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 85 45.0
    Rented 50 26.5
    Being purchased 48 25.4
    Other tenure type 6 3.2
    Tenure Type
Census 2011, ABS
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