Suburb Profile Report for Bulgarra WA (6714)

Bulgarra House: Median price $335,000, Annual capital growth -4.00%, Number of sales 69, Weekly median advertised rent $420

Bulgarra Unit: Median price $139,000, Annual capital growth 10.43%, Number of sales 14, Weekly median advertised rent $300

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

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

  • House Report
  • Unit Report

Bulgarra has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 12.42% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Bulgarra comes in at number 7th in WA.

Vendor discounting in Bulgarra is giving property investors an average Vendor Discount of around -6.29%. This puts suburb at number 313th in WA when ranking the most discounted suburbs.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 6.52%, without taking into account capital value appreciation, which has been averaging out at -4.00%.

At number 2nd in the list of Australian suburbs ordered by increase in median house value over the last year, Bulgarra, 6714 is in the top 10% with a property value increase of 47.87% recorded in median house prices.

While Bulgarra,6714 ranked number 5th in WA for increase in median house value (annualised) increase, it is ranked 99th over the last 5 years.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 10.43%, investors should hope to achieve an overall return of 11.22%

Metrics i HOUSE UNIT
$335,000 $139,000
6.18% 13.01%
12.42% 47.87%
-4.00% 10.43%
$420 $300
69 14
6.52% 11.22%
28.8214285714286 14.7209302325581

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

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Bulgarra WA
Demographics
Total population 3456
Median household income ($/weekly) 2896
Median age of persons 31
Median housing loan repayment ($/monthly) 2817
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 382 11.1
    20-24 years 367 10.6
    25-34 years 755 21.9
    35-44 years 607 17.6
    45-54 years 539 15.6
    Others 805 23.3
    Age Group
    Census Count Percent(%)
    Registered Married 793 41.4
    Not Married 733 38.2
    Defacto Relationship 391 20.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2150 76.4
    Papua New Guinea 204 7.2
    Philippines 86 3.1
    United Kingdom 127 4.5
    Other 79 2.8
    Others 168 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 50 1.9
    Christianity 1637 60.9
    Hinduism 23 0.9
    Islam 19 0.7
    No Religion 942 35.1
    Others 16 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 75 9.8
    $2,500-$2,999 171 22.4
    $3,000-$3,499 116 15.2
    $3,500 -$3,999 56 7.3
    $4,000 or more 178 23.4
    Others 166 21.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1578 68.6
    Employed, worked part-time 290 12.6
    Not in the labour force 257 11.2
    Employed, away from work 123 5.4
    Unemployed, looking for work 51 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 153 7.7
    Technicians & trades workers 625 31.4
    Clerical & administrative workers 269 13.5
    Machinery operators & drivers 274 13.8
    Labourers 252 12.7
    Others 415 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 47 9.3
    Infants/Primary 213 41.9
    Secondary 131 25.8
    Technical or Further Educational Institution 71 14.0
    University or other Tertiary Institutions 28 5.5
    Others 18 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2255 87.4
    Semi-detached, row or terrace house, townhouse 258 10.0
    Flat, unit or apartment 61 2.4
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 525 62.4
    Being purchased 202 24.0
    Fully owned 105 12.5
    Other tenure type 9 1.1
    Tenure Type
Census 2011, ABS
Chart Table