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Cookernup, WA 6219

Home » WA Real Estate Data » Shire of Harvey, WA » Cookernup, WA 6219

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Cookernup, WA 6219 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Cookernup, WA 6219”

  1. The total adult population (15 years or older) of Cookernup 6219 WA is 502, with a median age of 46. Of those, 46.02% are married, 13.15% are divorced or separated, 32.67% are single and 7.37% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,044. The median monthly mortgage repayment for households in this suburb is $1,900 which is 26.97% of their earnings.

    Source: ABS Census Data (2021)

  2. Houses in the suburb of Cookernup 6219, located in Western Australia, are nestled within a community estimated to consist of a modest 259 households. With Q3 2023 figures indicating a typical house price of $436,118 and a median weekly rent of $405, prospective property investors could enjoy an indicative yield of 4.83%.

    Boasting a respectable IRSAD score of 940 out of 1217, Cookernup’s socio-economic status is marked by fairly wide-ranging access to resources and economic opportunities. Its renter to owner ratio is an appealing 8% — much lower than the threshold that might raise investor eyebrows. On another note, an units to houses ratio of 0% in the area means that these properties are predominantly houses, eliminating the competition against units and suggesting longer tenancy periods usually associated with family homes.

    Furthermore, an affordability index of 27 years indicates a rather high level of property affordability in this locale with respect to typical earnings and current interest rates. This favourable affordability is mirrored in the supply metrics, with houses showing a low stock on the market percentage of 0.39% and a reasonably low level of inventory at just 2.4 months.

    However, while no new building approvals for houses have been granted recently (a 0.0% BA ratio), elsewhere the market reflects a slower tempo. An average of 119 days on the market for house sales suggests a more languid demand currently. Reinforcing this, a vacancy rate of 5.0% for both houses and units might be cause for a little investor caution, despite the buy search index for houses holding steady at 5.

    While navigating the Cookernup 6219 property landscape, it’s important to remember that trends evolve, and a vigilant eye on the Relative Composite Score (RCS) and other key metrics will be essential. Some leniency with less favourable data points is fine, so long as a majority of indicators remain in promising territory, informing bullish projections for capital appreciation and reliable cash flow from rental income.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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