Suburb Profile Report for South Carnarvon WA (6701)

South Carnarvon House: Median price $120,000, Annual capital growth -1.90%, Number of sales 17, Weekly median advertised rent $290

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Property investors who have had real estate in South Carnarvon, 6701 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 -12.09%

South Carnarvon,6701 was ranked 3026 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that South Carnarvon is offering property investors an average of -8.49. This rate of discount on properties puts Suburb at number 35th in terms of most discounted suburbs in WA

At number 585 in a list of fastest selling suburbs, South Carnarvon is in the TOP 20% of suburbs in Australia with an average of days on market 57 for properties listed there.

Advertised rents are around the $290 mark per week – giving a return of 12.57% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$120,000	N/A
Quarterly growth	-1.64%	N/A
12-month growth	-12.09%	N/A
Average Annual Growth	-1.90%	N/A
Weekly median advertised rent	$290	N/A
Number of sales	17	N/A
Gross rental yield	12.57%	N/A
Days on market	57	N/A

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

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Demographics

Total population	1037
Median household income ($/weekly)	1151
Median age of persons	36
Median housing loan repayment ($/monthly)	1395
Average household size	2.5

Census	Count	Percent(%)
5-14 years	156	15.0
25-34 years	128	12.3
35-44 years	162	15.6
45-54 years	140	13.5
55-64 years	124	11.9
Others	328	31.6

Age Group

Census	Count	Percent(%)
Not Married	260	41.6
Registered Married	239	38.2
Defacto Relationship	126	20.2

Social Marital Status

Census	Count	Percent(%)
Australia	765	85.6
Croatia	6	0.7
Papua New Guinea	15	1.7
United Kingdom	29	3.2
Other	27	3.0
Others	52	5.8

Country of Birth

Census	Count	Percent(%)
Buddhism	14	1.7
Christianity	549	65.0
Hinduism	6	0.7
Other Religious Groups	4	0.5
No Religion	268	31.8
Others	3	0.4

Religious Affiliation

Census	Count	Percent(%)
$400-$599	27	9.4
$600-$799	32	11.1
$1,000-$1,249	30	10.5
$1,500-$1,999	42	14.6
$2,500-$2,999	27	9.4
Others	129	44.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	294	43.2
Not in the labour force	196	28.8
Employed, worked part-time	127	18.6
Employed, away from work	36	5.3
Unemployed, looking for work	28	4.1

Person Characteristics

Census	Count	Percent(%)
Professionals	48	10.5
Technicians & trades workers	72	15.7
Clerical & administrative workers	66	14.4
Machinery operators & drivers	52	11.3
Labourers	89	19.4
Others	132	28.8

Occupation

Census	Count	Percent(%)
Pre-school	18	9.1
Infants/Primary	104	52.5
Secondary	41	20.7
Technical or Further Educational Institution	20	10.1
University or other Tertiary Institutions	9	4.5
Others	6	3.0

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	752	86.5
Semi-detached, row or terrace house, townhouse	83	9.6
Flat, unit or apartment	22	2.5
House or flat attached to a shop, office	7	0.8
Caravan, cabin, houseboat	5	0.6
Others	0	0.0