Suburb Profile Report for Morgantown WA (6701)

Morgantown House: Median price $150,000, Annual capital growth -1.99%, Number of sales 12, Weekly median advertised rent $285

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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House Report

Morgantown, 6701 ranked 3rd in WA when comparing growth in median property values or capital gain over the last 12 months. Morgantown is one of 1662 in our list for WA

Across a shorter period, Morgantown, 6701 has seen a median price increase of 17.65% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Morgantown is offering property investors an average of -9.00. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in WA

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Renters in Suburb are facing rents around $14820 per annum or $285 every week.

Metrics	HOUSE	UNIT
Median price	$150,000	N/A
Quarterly growth	17.65%	N/A
12-month growth	42.86%	N/A
Average Annual Growth	-1.99%	N/A
Weekly median advertised rent	$285	N/A
Number of sales	12	N/A
Gross rental yield	9.88%	N/A
Days on market	180	N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

Your estimated repayment
$606.56/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

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