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Mount Tarcoola, WA 6530

Home » WA Real Estate Data » City of Greater Geraldton, WA » Mount Tarcoola, WA 6530

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 Mount Tarcoola, WA 6530 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

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Rent 

2BR

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4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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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 “Mount Tarcoola, WA 6530”

  1. The total adult population (15 years or older) of Mount Tarcoola 6530 WA is 2,589, with a median age of 39. Of those, 48.05% are married, 12.48% are divorced or separated, 34.30% are single and 5.10% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,352. The median monthly mortgage repayment for households in this suburb is $1,517 which is 18.16% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Mount Tarcoola, nestled in the state of Western Australia (WA), is home to approximately 1,508 households. By the third quarter of 2023, this inviting community sees typical house prices amounting to $408,228. These homes draw a median weekly rent of $396, thereby yielding an indicative return of 5.04%. This solid yield indicates a favourable environment for property investors, especially those centered around cash flow.

    In terms of socio-economic conditions, Mount Tarcoola scores a noteworthy 972 out of 1,217 on the IRSAD metric, suggesting that its residents enjoy a relatively favourable socio-economic standing within Australia. As for the balance between renters and owners, the suburb exhibits a healthy ratio of 25%, suggesting the presence of long-term residents and homeowners.

    Moreover, the units to houses ratio stands at a minuscule 3%, illustrating a predominance of houses in this area and a potential lure for families looking for long-term tenancy. Remarkably, the affordability index, representing the estimated time needed to fully acquire a property, is only 19 years. This suggests that purchasing a home in Mount Tarcoola is relatively more affordable compared to other regional counterparts.

    Further validating the suburb’s investment appeal is the minimal stock on market Percentage for houses at 0.2%, indicating relatively scarce supply and suggesting a favourable dynamic for sellers and landlords. In addition, the extremely low inventory level for houses, clocking in at just 0.33 months, further hints at a robust market condition within Mount Tarcoola.

    Despite the Building Approval Ratio for houses resting at 0.0% in this period, indicating no immediate increase in supply, the days on market (DoM) for houses is at a stretched 180 days. While on the surface this may appear as a low-demand signal, it’s important to consider the broader context of the overall market condition.

    Significantly, the vacancy rate (amalgamating houses and units) is a svelte 1.06%, implying very high demand for properties to rent, providing a favourable setting for landlords. Lastly, a buy search index for houses of 4 reflects reasonable market activity in the suburb, although there is room for improvement in comparison to state averages.

    In sum, when analysing Mount Tarcoola’s overall property market conditions, it presents an appealing prospect for property investors considering the favorable yield, socio-economic metrics, supply-demand dynamics, and relative affordability. Remaining vigilant of market trends and periodic statistical data is crucial to make the most out of real estate investment opportunities. Adopting sophisticated analytic metrics, such as the Relative Composite Score (RCS) by HtAG Analytics, can also further streamline your investment decision-making processes, ensuring a comprehensive overview of the market conditions.

    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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