Hopetoun WA 6348

Here you can find what you need to know about Hopetoun, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$215k Median Sale Price (National Average $485k) 677th In WA
-25.86% Median Price Change (1 yr) (National Average 4.30%) 1235th In WA
$295pw Median Rent (National Average $395) 560th In WA
7.0% Median Gross Yield (National Average 4.24%) 82nd In WA
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Properties sold 16
Average discounting -2.81%
Average Days on Market 40
Stock on Market 55 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Hopetoun, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Hopetoun, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Hopetoun, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Hopetoun


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
WA 10 20%
ACT 6 50%
NSW 26 47%
NT 1 0%
QLD 27 19%
SA 22 47%
TAS 2 0%
VIC 36 29%

Local Schools


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Suburb Information

Hopetoun, WA 6348

Part of: Ravensthorpe Council No data available

The size of Hopetoun is approximately 539.8 square kilometres. It has 9 parks covering nearly 42.4% of total area. The population of Hopetoun in 2011 was 1,397 people. By 2016 the population was 861 showing a population decline of 38.4% in the area during that time. The predominant age group in Hopetoun is 60-69 years. Households in Hopetoun are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hopetoun work in a trades occupation. In 2011, 51.8% of the homes in Hopetoun were owner-occupied compared with 51.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Hopetoun

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Hopetoun   for Houses in last 12 months


There have been 15 Houses sold in Hopetoun in the past 12 months with a median sale price of $210K, up -30.0% annually. It takes on average 1 days to sell with vendor discounting of -2.81%.

Streets in Hopetoun


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