Suburb Profile Report for Morgantown WA (6701)

Morgantown House: Median price $125,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $310

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

House Report

Sellers are offering property buyers an average discount of -25.50% to buyers in Morgantown at the moment, which is less than average for the rest of WA.

Morgantown is 3rd on a list of best yielding suburbs for rents in WA with a 12.90% return

Metrics	HOUSE	UNIT
Median price	$125,000	N/A
Quarterly growth	N/A	N/A
12-month growth	N/A	N/A
Average Annual Growth	N/A	N/A
Weekly median advertised rent	$310	N/A
Number of sales	13	N/A
Gross rental yield	12.90%	N/A
Days on market	139.5	N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)

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Demographics

Total population	780
Median household income ($/weekly)	984
Median age of persons	39
Median housing loan repayment ($/monthly)	1200
Average household size	2.3

Census	Count	Percent(%)
5-14 years	116	14.9
25-34 years	88	11.3
35-44 years	124	15.9
45-54 years	117	15.0
55-64 years	85	10.9
Others	251	32.1

Age Group

Census	Count	Percent(%)
Not Married	223	45.3
Registered Married	171	34.8
Defacto Relationship	98	19.9

Social Marital Status

Census	Count	Percent(%)
Australia	541	80.4
Croatia	6	0.9
Papua New Guinea	14	2.1
United Kingdom	28	4.2
Other	40	5.9
Others	44	6.5

Country of Birth

Census	Count	Percent(%)
Christianity	451	71.4
No Religion	170	26.9
Buddhism	8	1.3
Islam	3	0.5
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$400-$599	31	13.1
$600-$799	24	10.1
$800-$999	27	11.4
$1,000-$1,249	24	10.1
$1,500-$1,999	27	11.4
Others	104	43.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	219	42.4
Not in the labour force	178	34.5
Employed, worked part-time	68	13.2
Employed, away from work	27	5.2
Unemployed, looking for work	24	4.7

Person Characteristics

Census	Count	Percent(%)
Professionals	59	18.5
Technicians & trades workers	42	13.2
Community & personal service workers	40	12.5
Machinery operators & drivers	36	11.3
Labourers	45	14.1
Others	97	30.4

Occupation

Census	Count	Percent(%)
Pre-school	12	8.3
Infants/Primary	59	40.7
Secondary	40	27.6
Technical or Further Educational Institution	20	13.8
University or other Tertiary Institutions	11	7.6
Others	3	2.1

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	529	81.6
Semi-detached, row or terrace house, townhouse	80	12.3
Flat, unit or apartment	39	6.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0

Dwelling Structure

Census	Count	Percent(%)
Rented	139	51.5
Being purchased	73	27.0
Fully owned	58	21.5
Other tenure type	0	0.0

Tenure Type

Census 2011, ABS

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Table

Recent sales & rentals

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