Suburb Profile Report for Morgantown WA (6701)

Morgantown House: Median price $125,000, Annual capital growth -0.01%, Number of sales 11, Weekly median advertised rent $295

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

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

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  • House Report

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

Morgantown, 6701’s gross rental yield is 8.87%

Metrics i HOUSE UNIT
$125,000 N/A
-26.47% N/A
-9.09% N/A
-0.01% N/A
$295 N/A
11 N/A
N/A N/A
N/A N/A

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

Your estimated repayment
$483.63/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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