Suburb Profile Report for Ridgewood WA (6030)

Ridgewood House: Median price $411,000, Annual capital growth 13.05%, Number of sales 52, Weekly median advertised rent $388

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

Source: CoreLogic

  • House Report

Property value increases in Ridgewood have tracked just higher than the WA average of -5.25% over the last 12 months.

While Ridgewood,6030 ranked number 123th in WA for increase in median house value (annualised) increase, it is ranked 275th over the last 5 years.

The most recent median price for Ridgewood is $411000, with sellers offering an average of -6.48% off the asking price.

Residents and property investors in Ridgewood have been waiting around 79.32 days to sell a property.

Advertised rents are around the $387.5 mark per week – giving a return of 4.90% based on the median price in Suburb

HOUSE UNIT
$411,000 N/A
0.00% N/A
-3.75% N/A
13.05% N/A
$388 N/A
52 N/A
4.90% N/A
79.32 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4007
Median household income ($/weekly) 1323
Median age of persons 31
Median housing loan repayment ($/monthly) 2300
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 384 9.6
    5-14 years 620 15.5
    25-34 years 670 16.7
    35-44 years 599 14.9
    45-54 years 391 9.8
    Others 1343 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 1409 54.5
    Not Married 829 32.1
    Defacto Relationship 346 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1986 55.0
    Papua New Guinea 198 5.5
    South Africa 126 3.5
    United Kingdom 897 24.8
    Other 205 5.7
    Others 198 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 1.3
    Christianity 2252 64.9
    Hinduism 11 0.3
    Islam 43 1.2
    No Religion 1106 31.9
    Others 14 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 114 10.5
    $1,000-$1,249 106 9.8
    $1,500-$1,999 163 15.0
    $2,000-$2,499 112 10.3
    $2,500-$2,999 105 9.7
    Others 486 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1123 41.6
    Not in the labour force 916 33.9
    Employed, worked part-time 468 17.3
    Employed, away from work 99 3.7
    Unemployed, looking for work 96 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 216 12.8
    Technicians & trades workers 374 22.2
    Community & personal service workers 197 11.7
    Clerical & administrative workers 240 14.2
    Labourers 199 11.8
    Others 462 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 64 7.0
    Infants/Primary 393 42.9
    Secondary 249 27.2
    Technical or Further Educational Institution 86 9.4
    University or other Tertiary Institutions 101 11.0
    Others 24 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3494 99.1
    Semi-detached, row or terrace house, townhouse 28 0.8
    Flat, unit or apartment 3 0.1
    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 666 53.6
    Rented 303 24.4
    Fully owned 177 14.3
    Other tenure type 96 7.7
    Tenure Type
Census 2011, ABS
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