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Carramar
AREA REPORTS

Carramar

Carramar - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6031

house

Property investors enjoyed capital gains of 8.13% over the last 12 months in CARRAMAR, translating to lower returns compared with its peers in WA.

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

The suburb posted a 12.01% 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 $530 based on current median home prices for the suburb.

On average, rents on listings have reached the $530 mark, reflecting a 5.05% increase in returns based on the current median price in CARRAMAR.

CARRAMAR, 6031 ranks 404th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 140th on the list of best yielding suburbs for rental properties in WA, posting a 5.05% return.

Data report can be found below

Carramar
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $545,500 N/A
GROWTH REPORT
Median Quarterly 1.02% N/A
Median 12 month 8.13% N/A
Median 3 years 12.01% N/A
Median 5 years 4.65% N/A
10 years average annual 1.28% N/A
Weekly media advert. rent $530 N/A
Time on Market 24.6 days N/A
Gross Rental Yield Percent 5.05% N/A
demographics (median values)*
Total Population
16624
Weekly Household Income
1902
Household Size
3.10
Age
30
Monthly Loan Repayment
2123
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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