Suburb Profile Report for Mount Tarcoola WA (6530)

Mount Tarcoola House: Median price $283,000, Annual capital growth -2.96%, Number of sales 42, Weekly median advertised rent $300

  • 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

Mount Tarcoola has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -3.25% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Tarcoola comes in at number 342th in WA.

Property investors looking for a bargain in Mount Tarcoola should be aiming for at least -13.00% off the asking price, which is the average vendor discount being achieved at the moment.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.51%, without taking into account capital value appreciation, which has been averaging out at -2.96%.

Metrics i HOUSE UNIT
$283,000 N/A
1.07% N/A
-3.25% N/A
-2.96% N/A
$300 N/A
42 N/A
5.51% N/A
121.862068965517 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 : Balanced (H), Balanced (U)
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Demographics
Total population 3347
Median household income ($/weekly) 1644
Median age of persons 35
Median housing loan repayment ($/monthly) 1750
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 528 15.8
    25-34 years 392 11.7
    35-44 years 513 15.3
    45-54 years 460 13.7
    55-64 years 387 11.6
    Others 1067 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 1224 55.4
    Not Married 735 33.2
    Defacto Relationship 252 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2611 83.2
    Papua New Guinea 73 2.3
    South Africa 75 2.4
    United Kingdom 153 4.9
    Other 59 1.9
    Others 168 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.9
    Christianity 2199 71.8
    Hinduism 18 0.6
    Islam 87 2.8
    No Religion 718 23.4
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 77 8.1
    $1,250-$1,499 97 10.2
    $1,500-$1,999 154 16.2
    $2,000-$2,499 111 11.7
    $2,500-$2,999 116 12.2
    Others 396 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1110 46.3
    Not in the labour force 603 25.2
    Employed, worked part-time 508 21.2
    Employed, away from work 133 5.6
    Unemployed, looking for work 41 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 189 10.8
    Professionals 320 18.3
    Technicians & trades workers 328 18.7
    Community & personal service workers 194 11.1
    Clerical & administrative workers 246 14.0
    Others 474 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 60 7.6
    Infants/Primary 331 42.1
    Secondary 248 31.5
    Technical or Further Educational Institution 79 10.0
    University or other Tertiary Institutions 57 7.2
    Others 12 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2902 96.1
    Semi-detached, row or terrace house, townhouse 59 2.0
    Flat, unit or apartment 58 1.9
    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 434 39.6
    Fully owned 354 32.3
    Rented 304 27.7
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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