Suburb Profile Report for Bedford WA (6052)

Bedford House: Median price $617,500, Annual capital growth 3.01%, Number of sales 96, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

Investment property in Bedford 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 -1.98%

While Bedford,6052 ranked number 251th in WA for increase in median house value (annualised) increase, it is ranked 224th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Bedford is offering property investors an average of -8.26. This rate of discount on properties puts Suburb at number 160th in terms of most discounted suburbs in WA

At number 2342 in a list of fastest selling suburbs, Bedford is in the bottom 40% of suburbs in Australia with an average of days on market 92.97 for properties listed there.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$617,500 N/A
-1.59% N/A
-1.98% N/A
3.01% N/A
$395 N/A
96 N/A
3.33% N/A
92.97 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 4944
Median household income ($/weekly) 1387
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 577 11.7
    25-34 years 769 15.6
    35-44 years 783 15.8
    45-54 years 652 13.2
    55-64 years 547 11.1
    Others 1616 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 1723 46.1
    Not Married 1654 44.2
    Defacto Relationship 362 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3109 66.5
    Papua New Guinea 106 2.3
    United Kingdom 311 6.6
    Viet Nam 108 2.3
    Other 320 6.8
    Others 723 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 187 4.1
    Christianity 2992 65.7
    Islam 143 3.1
    Other Religious Groups 32 0.7
    No Religion 1155 25.4
    Others 46 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 158 9.2
    $600-$799 134 7.8
    $1,000-$1,249 159 9.3
    $1,500-$1,999 211 12.3
    $2,500-$2,999 195 11.4
    Others 853 49.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1640 43.1
    Not in the labour force 1166 30.6
    Employed, worked part-time 754 19.8
    Employed, away from work 126 3.3
    Unemployed, looking for work 119 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 302 12.0
    Professionals 686 27.2
    Technicians & trades workers 348 13.8
    Community & personal service workers 242 9.6
    Clerical & administrative workers 417 16.6
    Others 524 20.8
    Occupation
    Census Count Percent(%)
    Pre-school 82 7.4
    Infants/Primary 374 33.9
    Secondary 260 23.6
    Technical or Further Educational Institution 102 9.2
    University or other Tertiary Institutions 258 23.4
    Others 27 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3947 83.6
    Semi-detached, row or terrace house, townhouse 748 15.8
    Flat, unit or apartment 25 0.5
    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 697 37.0
    Fully owned 604 32.0
    Rented 569 30.2
    Other tenure type 15 0.8
    Tenure Type
Census 2011, ABS
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