Suburb Profile Report for Edgewater WA (6027)

Edgewater House: Median price $558,000, Annual capital growth 3.43%, Number of sales 65, Weekly median advertised rent $403

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Edgewater, 6027 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.38%.

The five-year average increase in median property values for Edgewater,6027 has given property investors a potential capital gain of 18.41% across each of those five years.

Property investors looking for a bargain in Edgewater should be aiming for at least -6.24% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Edgewater being $558000 and the advertised rent reaching $402.5 the gross rental yield for property investors calculates out to be 3.75%

HOUSE UNIT
$558,000 N/A
-0.36% N/A
-3.38% N/A
3.43% N/A
$403 N/A
65 N/A
3.75% N/A
70.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4529
Median household income ($/weekly) 1635
Median age of persons 41
Median housing loan repayment ($/monthly) 1750
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 534 11.8
    25-34 years 433 9.6
    35-44 years 593 13.1
    45-54 years 759 16.8
    55-64 years 681 15.0
    Others 1531 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 1872 54.8
    Not Married 1297 38.0
    Defacto Relationship 245 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2363 53.9
    Papua New Guinea 150 3.4
    South Africa 154 3.5
    United Kingdom 1116 25.4
    Other 232 5.3
    Others 373 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.1
    Christianity 2869 68.6
    Hinduism 16 0.4
    Islam 33 0.8
    No Religion 1193 28.5
    Others 23 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 120 8.6
    $1,250-$1,499 112 8.0
    $1,500-$1,999 196 14.0
    $2,000-$2,499 176 12.6
    $2,500-$2,999 163 11.6
    Others 634 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1494 41.4
    Not in the labour force 1048 29.0
    Employed, worked part-time 825 22.8
    Employed, away from work 148 4.1
    Unemployed, looking for work 98 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 283 11.5
    Professionals 544 22.0
    Technicians & trades workers 440 17.8
    Clerical & administrative workers 448 18.1
    Sales 240 9.7
    Others 516 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 59 5.3
    Infants/Primary 347 31.2
    Secondary 307 27.6
    Technical or Further Educational Institution 107 9.6
    University or other Tertiary Institutions 267 24.0
    Others 24 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4084 96.6
    Semi-detached, row or terrace house, townhouse 113 2.7
    Flat, unit or apartment 32 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 748 47.0
    Fully owned 569 35.7
    Rented 265 16.6
    Other tenure type 11 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals