Suburb Profile Report for Edgewater WA (6027)

Edgewater House: Median price $540,000, Annual capital growth 2.41%, Number of sales 67, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -4.17% which means that Edgewater, 6027 has not done well for property investors by showing a capital gain of -3.57% over the last year

While Edgewater,6027 ranked number 342th in WA for increase in median house value (annualised) increase, it is ranked 93th over the last 5 years.

Vendor discounting in Edgewater is giving property investors an average Vendor Discount of around -6.19%. This puts suburb at number 339th in WA when ranking the most discounted suburbs.

With the median price for a house in Edgewater being $540000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.04%

Metrics i HOUSE UNIT
$540,000 N/A
-3.18% N/A
-3.57% N/A
2.41% N/A
$420 N/A
67 N/A
4.04% N/A
63.03 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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
Chart Table
Recent sales & rentals