Suburb Profile Report for Kalbarri WA (6536)

Kalbarri House: Median price $265,000, Annual capital growth -3.98%, Number of sales 18, Weekly median advertised rent $290

Kalbarri Unit: Median price $125,000, Annual capital growth 0.86%, Number of sales 22, Weekly median advertised rent $230

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

Source: Monthly data update for Apr 2019 as supplied by CoreLogic. Data is reported to the period ending Jan 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Kalbarri, 6536 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.48%

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

Our latest figures would indicate that property sellers in Kalbarri are currently offering property investors an average price cut of -10.31% below the asking price at the moment.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of -4.02%, investors should hope to achieve an overall return of 5.59%

WA has seen average median house prices change by -4.80% which means that Kalbarri, 6536 has not done well for property investors by showing a capital gain of -3.85% over the last year

Kalbarri,6536 has offered an average of -3.85% return per annum in house price rises to property investors over the last three years.

Advertised rents are around the $235 mark per week – giving a return of 9.78% based on the median price in Suburb

Metrics i HOUSE UNIT
$265,000 $125,000
-11.37% 3.31%
-16.54% -0.40%
-3.98% 0.86%
$290 $230
18 22
5.69% 9.57%
102.15385 N/A

Source: Monthly data update for Apr 2019 as supplied by CoreLogic. Data is reported to the period ending Jan 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 1497
Median household income ($/weekly) 761
Median age of persons 45
Median housing loan repayment ($/monthly) 1400
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 202 13.5
    35-44 years 231 15.4
    45-54 years 245 16.4
    55-64 years 254 17.0
    65-74 years 169 11.3
    Others 396 26.5
    Age Group
    Census Count Percent(%)
    Registered Married 552 55.2
    Not Married 302 30.2
    Defacto Relationship 146 14.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1147 81.9
    Greece 12 0.9
    Papua New Guinea 39 2.8
    United Kingdom 146 10.4
    Other 24 1.7
    Others 33 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 871 66.0
    No Religion 431 32.7
    Other Religious Groups 14 1.1
    Buddhism 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 9.6
    $400-$599 82 16.7
    $600-$799 77 15.7
    $800-$999 51 10.4
    $1,250-$1,499 53 10.8
    Others 182 37.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 440 39.0
    Employed, worked full-time 328 29.1
    Employed, worked part-time 254 22.5
    Employed, away from work 72 6.4
    Unemployed, looking for work 34 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 110 16.8
    Professionals 78 11.9
    Technicians & trades workers 97 14.9
    Community & personal service workers 74 11.3
    Labourers 127 19.4
    Others 167 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 24 9.1
    Infants/Primary 153 58.0
    Secondary 58 22.0
    Technical or Further Educational Institution 17 6.4
    University or other Tertiary Institutions 9 3.4
    Others 3 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1108 83.6
    Semi-detached, row or terrace house, townhouse 85 6.4
    Flat, unit or apartment 34 2.6
    Caravan, cabin, houseboat 82 6.2
    House or flat attached to a shop, office 13 1.0
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 216 37.3
    Rented 204 35.2
    Being purchased 159 27.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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