Morley, WA 6062: Suburb Profile & Property Report

Market Report

House report
Unit Report

Morley has 330 houses available for sale. The median property price for a house is currently $700,000 with annual capital growth of 22.81% . There were 424 house sales in the past 12 months. On average, houses spend 8 days on market.

If you're thinking about buying an investment property in Morley, consider that rental yields for houses are currently 4.86% with an average median rent of $680 weekly. Houses have seen 6.06% growth in the past quarter, and 22.81% growth in the past 12 months.

The size of Morley is approximately 10.4 square kilometres. It has 46 parks covering nearly 8.8% of total area. The population of Morley in 2011 was 20,301 people. By 2016 the population was 21,519 showing a population growth of 6.0% in the area during that time. The predominant age group in Morley is 20-29 years.

Households in Morley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morley work in a trades occupation. In 2011, 70.7% of the homes in Morley were owner-occupied compared with 68.8% in 2016.

Morley has 113 units available for sale. The median property price for a unit is currently $441,500 with annual capital growth of 12.63% . There were 45 unit sales in the past 12 months. On average, units spend 7 days on market.

If you're thinking about buying an investment property in Morley, consider that rental yields for units are currently 5.76% with an average median rent of $645 weekly. Units have seen 0.34% growth in the past quarter, and 12.63% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$700,000	$441,500
Quarterly growth	+6.06%	+0.34%
12-month growth	+22.81%	+12.63%
Average annual growth	+9.46%	+3.60%
Weekly median rent	$680	$645
Gross rental yield	4.86%	5.76%
Number of Sales (12m)	424	45
Avg. Days on Market (12m)	8	7

Jump to Market Trends

Key Demographics	2011	2016
Total population	20,301	21,519
Population change (5y)	+9.36%	+6.00%
Median household income (p/w)	$1,236	$1,393
Household income change (5y)	+25.99%	+12.70%
Median age of persons	38	37

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Morley is $700,000 for houses and $441,500 for units.

The Median Growth in Morley over the past 12 months is 22.81% for houses and 12.63% for units.

Over the past 12 months there were 424 houses sold and 45 units sold in Morley. On average, houses spent 8 days on market and units spent 7 days on market.

In the past 12 months up to August 2024 there were 424 houses sold and 45 units sold in Morley. On average, houses spent 8 days on market and units spent 7 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Morley is $680 for houses and $645 for units.

The Rental Yield in Morley is 4.86% for houses and 5.76% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Morley was 21,519 in 2016, a +6.00% change compared to 2011.

The predominant age group in Morley is 20-29 years.

The population of Morley was 21,519 in 2016, a +6.00% change compared to 2011.

The predominant age group in Morley is 20-29 years.

Most of the population in Morley were born in Australia.

Most of the population in Morley report their religion as Catholic.

Most of the population in Morley report their income range as between $78,000 and $130,000 .

The median household income in Morley was $1,393 in 2016, a +12.70% change compared to 2011.

Most of the population in Morley report their income range as between $78,000 and $130,000 .

The median household income in Morley was $1,236 in 2011, a +25.99% change compared to 2006.

Most of the population in Morley work as Trades.

The chart below demonstrates the various levels of education in Morley.

Most of the population in Morley reached a qualification level of Certificate.

2011 2016

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