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Southern River
AREA REPORTS

Southern River

Southern River - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6110

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Homeowners and real estate investors betting on SOUTHERN RIVER, 6110 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 10.49%.

A steady increase in median property prices over a five-year period in the suburb translates to a 11.32% capital gain.

Property investors in SOUTHERN RIVER enjoyed capital gains of 10.49% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $590,000.

Profits due to an upward trend in home prices there averaged 3.77% per annum over a 3-year period.

Home owners selling their properties and realtors in SOUTHERN RIVER usually have to wait an average of 37.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $475 mark, reflecting a 4.19% increase in returns based on the current median price in SOUTHERN RIVER.

SOUTHERN RIVER, 6110 places 266th in Australia based on median property value growth during the quarter.

Data report can be found below

Southern River
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $590,000 N/A
GROWTH REPORT
Median Quarterly 2.61% N/A
Median 12 month 10.49% N/A
Median 3 years 11.32% N/A
Median 5 years 6.31% N/A
10 years average annual 1.93% N/A
Weekly media advert. rent $475 N/A
Time on Market 37.6 days N/A
Gross Rental Yield Percent 4.19% N/A
demographics (median values)*
Total Population
40858
Weekly Household Income
1452
Household Size
2.80
Age
34
Monthly Loan Repayment
1842
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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