Suburb Profile Report for Nickol WA (6714)

Nickol House: Median price $432,300, Annual capital growth -3.82%, Number of sales 52, Weekly median advertised rent $580

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

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

  • House Report

Property investors who have had real estate in Nickol, 6714 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.28%

Over the longer term, Nickol has seen property prices show investors a 60.11% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Nickol is giving property investors an average Vendor Discount of around -4.52%. This puts suburb at number 366th in WA when ranking the most discounted suburbs.

A $580 per week rent on the median house gives suburb investors a gross yield of circa 6.98%, without taking into account capital value appreciation, which has been averaging out at -3.82%.

Metrics i HOUSE UNIT
$432,300 N/A
2.93% N/A
15.28% N/A
-3.82% N/A
$580 N/A
52 N/A
6.98% N/A
48.390243902439 N/A

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

DSR Score for property investment : Very good (H), Balanced (U)
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Demographics
Total population 4288
Median household income ($/weekly) 2912
Median age of persons 29
Median housing loan repayment ($/monthly) 3467
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 508 11.8
    5-14 years 781 18.2
    25-34 years 874 20.4
    35-44 years 930 21.7
    45-54 years 511 11.9
    Others 685 16.0
    Age Group
    Census Count Percent(%)
    Registered Married 1288 54.7
    Not Married 651 27.6
    Defacto Relationship 417 17.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2861 77.4
    Papua New Guinea 207 5.6
    South Africa 67 1.8
    United Kingdom 196 5.3
    Other 116 3.1
    Others 249 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.3
    Christianity 2143 60.2
    Hinduism 40 1.1
    Islam 46 1.3
    No Religion 1253 35.2
    Others 28 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 81 8.1
    $2,500-$2,999 297 29.6
    $3,000-$3,499 135 13.5
    $3,500 -$3,999 87 8.7
    $4,000 or more 227 22.7
    Others 175 17.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1594 61.8
    Not in the labour force 406 15.7
    Employed, worked part-time 350 13.6
    Employed, away from work 168 6.5
    Unemployed, looking for work 61 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 258 12.2
    Professionals 396 18.7
    Technicians & trades workers 494 23.4
    Clerical & administrative workers 319 15.1
    Labourers 183 8.7
    Others 464 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 109 10.7
    Infants/Primary 540 53.1
    Secondary 194 19.1
    Technical or Further Educational Institution 80 7.9
    University or other Tertiary Institutions 74 7.3
    Others 20 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3408 93.4
    Semi-detached, row or terrace house, townhouse 194 5.3
    Flat, unit or apartment 41 1.1
    Caravan, cabin, houseboat 5 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 968 87.4
    Being purchased 96 8.7
    Fully owned 36 3.2
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
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