Suburb Profile Report for Waggrakine WA (6530)

Waggrakine House: Median price $250,000, Annual capital growth -2.95%, Number of sales 28, Weekly median advertised rent $310

  • 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

Waggrakine has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -14.53% to date .

Across a shorter period, Waggrakine, 6530 has seen a median price increase of 4.17% over the last quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.00% offered to property buyers. Sellers in Waggrakine itself are offering an average vendor discount of -11.52% to real estate investors.

On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.

Advertised rents are around the $310 mark per week – giving a return of 6.45% based on the median price in Suburb

Metrics i HOUSE UNIT
$250,000 N/A
4.17% N/A
-14.53% N/A
-2.95% N/A
$310 N/A
28 N/A
6.45% N/A
115.578947368421 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 : Balanced (H), Balanced (U)
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Demographics
Total population 2363
Median household income ($/weekly) 1355
Median age of persons 32
Median housing loan repayment ($/monthly) 1763
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 400 16.9
    25-34 years 314 13.3
    35-44 years 345 14.6
    45-54 years 332 14.0
    55-64 years 237 10.0
    Others 735 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 760 46.8
    Not Married 579 35.7
    Defacto Relationship 284 17.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2015 88.6
    Papua New Guinea 53 2.3
    South Africa 12 0.5
    United Kingdom 98 4.3
    Other 24 1.1
    Others 72 3.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1465 67.5
    No Religion 663 30.5
    Islam 27 1.2
    Other Religious Groups 10 0.5
    Buddhism 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 64 9.7
    $600-$799 64 9.7
    $1,250-$1,499 64 9.7
    $1,500-$1,999 111 16.7
    $2,500-$2,999 71 10.7
    Others 289 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 761 44.7
    Not in the labour force 450 26.5
    Employed, worked part-time 331 19.5
    Employed, away from work 81 4.8
    Unemployed, looking for work 78 4.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 137 11.7
    Technicians & trades workers 239 20.4
    Clerical & administrative workers 162 13.8
    Machinery operators & drivers 153 13.0
    Labourers 139 11.8
    Others 343 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 41 7.5
    Infants/Primary 255 46.9
    Secondary 162 29.8
    Technical or Further Educational Institution 64 11.8
    University or other Tertiary Institutions 17 3.1
    Others 5 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2173 95.8
    Caravan, cabin, houseboat 61 2.7
    Semi-detached, row or terrace house, townhouse 35 1.5
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 363 45.9
    Fully owned 215 27.2
    Rented 210 26.5
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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