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Marmion
AREA REPORTS

Marmion

Marmion - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6020

house

Property investors enjoyed capital gains of 26.49% over the last 12 months in MARMION, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in MARMION are high, as opposed to average gains per annum over the past five years.

The suburb posted a 34.48% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

On average, rents on listings have reached the $700 mark, reflecting a 3.11% increase in returns based on the current median price in MARMION.

MARMION, 6020 ranks 74th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 343rd on the list of best yielding suburbs for rental properties in WA, posting a 3.11% return.

Data report can be found below

Marmion
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,170,000 N/A
GROWTH REPORT
Median Quarterly 11.43% N/A
Median 12 month 26.49% N/A
Median 3 years 34.48% N/A
Median 5 years 32.2% N/A
10 years average annual 4.08% N/A
Weekly media advert. rent $700 N/A
Time on Market 21.8 days N/A
Gross Rental Yield Percent 3.11% N/A
demographics (median values)*
Total Population
20791
Weekly Household Income
2138
Household Size
2.70
Age
44
Monthly Loan Repayment
2210
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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