Suburb Profile Report for Beldon WA (6027)

Beldon House: Median price $500,000, Annual capital growth 4.68%, Number of sales 69, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Beldon has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.06%

When looking at the potential capital gains offered to property investors over the last 3 years, Beldon comes in at number 161th in WA.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Beldon itself are offering an average vendor discount of -5.26% to real estate investors.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.06%, without taking into account capital value appreciation, which has been averaging out at 4.68%.

Lisa LeMay Information supplied by:

Lisa LeMay
Davey Real Estate

M 9402 4255
O 0414 746 594

W www.daveyrealestate.com.au
E lisal@daveyre.com.au
At number 1056th in the list of Australian suburbs ordered by increase in median house value over the last year, Beldon, 6027 is in the top 30% with a property value increase of 5.34% recorded in median house prices.

Comparing Beldon,6027 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Beldon, 6027 is offering WA ‘s 446th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.Full summary
Beldon is named after an early landowner in the area, AW Beldon.  Established in 1974 the suburb is approximately 3 sq kilometres with a population of around 4000 people.  Property owners and investors have seen a 9% growth over the last year and 10.1% over the last 10 years.  With proposed rezoning around Edgewater Train Station to R40/60, Beldon is a sound investment option.
 
At number 1056th in the list of Australian suburbs ordered by increase in median house value over the last year, Beldon, 6027 is in the top 30% with a property value increase of 5.34% recorded in median house prices.
 
Comparing Beldon,6027 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
 
Beldon, 6027 is offering WA ‘s 446th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.
 
Located within the City of Joondalup the suburb has 2000 dwellings of those 23% are currently rented. Just a 5 minute drive to Hillarys boat harbour the suburb enjoys a steady 9% growth in values each year and this is sure to continue well into the future with demand continually outstripping supply. Rental properties within the suburb are always in high demand with average rents achieving $430.00 per week.
 
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 9%, investors should hope to achieve an overall return of 4.58%
 
Selling points:  Close to the coast and beaches, Hillary’s Boat Harbour, freeways, schools and public transport.
 
Most sought after properties:  4 bedroom 2 bathroom homes are in highest demand.
 
Most common properties:  3  bedroom 1 bathroom homes are the most common properties
 
Top amenities: Education, Transport, Shops
 
 
Close
HOUSE UNIT
$500,000 N/A
0.81% N/A
-2.06% N/A
4.68% N/A
$390 N/A
69 N/A
4.06% N/A
43.06 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Beldon WA
Demographics
Total population 3991
Median household income ($/weekly) 1465
Median age of persons 34
Median housing loan repayment ($/monthly) 1988
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 494 12.4
    25-34 years 693 17.4
    35-44 years 573 14.4
    45-54 years 602 15.1
    55-64 years 452 11.3
    Others 1177 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1365 46.0
    Not Married 1189 40.1
    Defacto Relationship 411 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2485 65.2
    Italy 74 1.9
    Papua New Guinea 164 4.3
    United Kingdom 602 15.8
    Other 141 3.7
    Others 348 9.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 2.0
    Christianity 2320 64.0
    Islam 32 0.9
    Other Religious Groups 24 0.7
    No Religion 1169 32.2
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 119 9.1
    $1,250-$1,499 118 9.1
    $1,500-$1,999 211 16.2
    $2,000-$2,499 162 12.4
    $2,500-$2,999 125 9.6
    Others 567 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1390 45.1
    Not in the labour force 741 24.0
    Employed, worked part-time 672 21.8
    Employed, away from work 167 5.4
    Unemployed, looking for work 112 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 341 15.3
    Technicians & trades workers 480 21.6
    Clerical & administrative workers 346 15.5
    Sales 231 10.4
    Labourers 227 10.2
    Others 602 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 49 5.5
    Infants/Primary 367 41.0
    Secondary 195 21.8
    Technical or Further Educational Institution 95 10.6
    University or other Tertiary Institutions 173 19.3
    Others 16 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3710 97.9
    Semi-detached, row or terrace house, townhouse 60 1.6
    Flat, unit or apartment 16 0.4
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 764 51.7
    Fully owned 379 25.7
    Rented 331 22.4
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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