Suburb Profile Report for Tom Price WA (6751)

Tom Price House: Median price $322,500, Annual capital growth 14.96%, Number of sales 12, Weekly median advertised rent $950

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

With a capital gain of 22.86% for the last 12 months, Tom Price, 6751 has performed for property investments than its average annual 14.96% property growth over the last 5 years.

Tom Price,6751 was ranked 562 in Australia by increase in median property value over the quarter.

In the last year 12 properties changed hands in Tom Price, which puts it as the 443th most active market in WA when comparing the number of sales per suburb.

Advertised rents are around the $950 mark per week – giving a return of 15.32% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$322,500	N/A
Quarterly growth	5.74%	N/A
12-month growth	22.86%	N/A
Average Annual Growth	14.96%	N/A
Weekly median advertised rent	$950	N/A
Number of sales	12	N/A
Gross rental yield	15.32%	N/A
Days on market	N/A	N/A

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

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Demographics

Total population	5460
Median household income ($/weekly)	2768
Median age of persons	33
Median housing loan repayment ($/monthly)	657
Average household size	2.9

Census	Count	Percent(%)
5-14 years	604	11.1
20-24 years	434	7.9
25-34 years	1339	24.5
35-44 years	1219	22.3
45-54 years	865	15.8
Others	999	18.3

Age Group

Census	Count	Percent(%)
Registered Married	997	50.4
Not Married	554	28.0
Defacto Relationship	428	21.6

Social Marital Status

Census	Count	Percent(%)
Australia	3684	79.0
Papua New Guinea	405	8.7
South Africa	45	1.0
United Kingdom	218	4.7
Other	115	2.5
Others	196	4.2

Country of Birth

Census	Count	Percent(%)
Buddhism	55	1.3
Christianity	2620	59.7
Islam	22	0.5
Other Religious Groups	16	0.4
No Religion	1645	37.5
Others	30	0.7

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	91	10.1
$2,500-$2,999	268	29.7
$3,000-$3,499	156	17.3
$3,500 -$3,999	70	7.8
$4,000 or more	105	11.7
Others	211	23.4

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	2546	68.8
Not in the labour force	385	10.4
Employed, worked part-time	383	10.4
Employed, away from work	330	8.9
Unemployed, looking for work	54	1.5

Person Characteristics

Census	Count	Percent(%)
Professionals	404	12.4
Technicians & trades workers	938	28.8
Clerical & administrative workers	327	10.0
Machinery operators & drivers	865	26.5
Labourers	261	8.0
Others	465	14.3

Occupation

Census	Count	Percent(%)
Pre-school	101	11.4
Infants/Primary	440	49.7
Secondary	156	17.6
Technical or Further Educational Institution	89	10.0
University or other Tertiary Institutions	79	8.9
Others	21	2.4

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2728	91.5
Semi-detached, row or terrace house, townhouse	139	4.7
Flat, unit or apartment	7	0.2
Caravan, cabin, houseboat	97	3.3
House or flat attached to a shop, office	7	0.2
Others	4	0.1