Suburb Profile Report for Ledge Point WA (6043)

Ledge Point House: Median price $410,000, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Expert Report

If we look at median property appreciation over just the last three months, Ledge Point has given property investors a paper return of 1.23%. This puts Suburb as 66 on a list of fastest fasting appreciating suburbs in WA

Our latest figures would indicate that property sellers in Ledge Point are currently offering property investors an average price cut of -9.86% below the asking price at the moment.

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

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Lindsay Robeson
Ray White

M 0894997488
O 0427531145

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E Lindsay.robeson@raywhite.com
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.49% offered to property buyers. Sellers in Ledge Point itself are offering an average vendor discount of -21.85% to real estate investors.

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Situated 104.56km from the CBD, Ledge Point is one of Gingin localities in the postcode 6043.Full summary
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.49% offered to property buyers. Sellers in Ledge Point itself are offering an average vendor discount of -21.85% to real estate investors.
 
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
 
Situated 104.56km from the CBD, Ledge Point is one of Gingin localities in the postcode 6043.
 
Selling points:
  • Close to Perth
  • Holiday destination
  • 600 Properties
  • Seaside Location
Most sought-after properties:  Cross Section
 
Most common properties:  Cross Section
 
Top amenities: Clubs, Grass Green Golf Course
 
Local industry and business: Fishing, Tourism, Windsurfing, 
 
Recent changes: Completion of Indian Ocean Drive, linking all of Australia by a Coast Road.
 
Release new Estate, Lancelin South, beginning of a new Town/Suburb/Location
Best streets: De Burgh
 
Main arteries: Indian Ocean Drive
Close
HOUSE UNIT
$410,000 N/A
1.23% N/A
N/A N/A
N/A N/A
N/A N/A
15 N/A
N/A N/A
110.7 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 206
Median household income ($/weekly) 650
Median age of persons 49
Median housing loan repayment ($/monthly) 1700
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 26 12.6
    35-44 years 33 16.0
    45-54 years 20 9.7
    55-64 years 38 18.4
    65-74 years 41 19.9
    Others 48 23.3
    Age Group
    Census Count Percent(%)
    Registered Married 80 61.5
    Not Married 29 22.3
    Defacto Relationship 21 16.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 151 82.5
    Iraq 3 1.6
    Japan 3 1.6
    South Africa 6 3.3
    United Kingdom 14 7.7
    Others 6 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 121 66.5
    No Religion 57 31.3
    Islam 4 2.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 11 15.9
    $400-$599 16 23.2
    $600-$799 8 11.6
    $800-$999 9 13.0
    $1,500-$1,999 6 8.7
    Others 19 27.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 76 50.3
    Employed, worked full-time 38 25.2
    Employed, worked part-time 26 17.2
    Employed, away from work 8 5.3
    Unemployed, looking for work 3 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 13 17.8
    Professionals 6 8.2
    Technicians & trades workers 12 16.4
    Community & personal service workers 6 8.2
    Labourers 15 20.5
    Others 21 28.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 13 41.9
    Technical or Further Educational Institution 9 29.0
    Pre-school 6 19.4
    Secondary 3 9.7
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 147 89.1
    Caravan, cabin, houseboat 12 7.3
    Semi-detached, row or terrace house, townhouse 6 3.6
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 40 51.3
    Rented 22 28.2
    Being purchased 16 20.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals