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Utakarra
AREA REPORTS

Utakarra

Utakarra - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6530

house

Property investors enjoyed capital gains of 33% over the last 12 months in UTAKARRA, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 3.42% growth over a ten-year period. It ranks 2951st on our list of suburbs that property investors should look into.

UTAKARRA, 6530 has a capital gain of 33% for the past year, which is higher than average compared to its 28.71% growth within a five-year period.

With the median home price in UTAKARRA sitting at $199,500, and the average rent at $285, property owners could potentially earn a 7.43% increase in gross rental yield.

A 33% increase in median property prices in UTAKARRA, 6530 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 38th.

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

UTAKARRA, 6530 in WA belongs to the local government area of Greater Geraldton (C).

Data report can be found below

Utakarra
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $199,500 N/A
GROWTH REPORT
Median Quarterly 0.25% N/A
Median 12 month 33% N/A
Median 3 years 67.65% N/A
Median 5 years 28.71% N/A
10 years average annual 3.42% N/A
Weekly media advert. rent $285 N/A
Time on Market 54.0 days N/A
Gross Rental Yield Percent 7.43% N/A
demographics (median values)*
Total Population
32455
Weekly Household Income
1320
Household Size
2.50
Age
38
Monthly Loan Repayment
1690
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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