Suburb Profile Report for Eden Hill WA (6054)

Eden Hill House: Median price $429,500, Annual capital growth 3.75%, Number of sales 44, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Expert Report

Over the last year, property investments in Eden Hill, 6054 have given investors a capital gain of -9.96%. This compares very badly with the -5.06% for WA as a whole.

Eden Hill,6054 was ranked 3185 in Australia by increase in median property value over the quarter.

Eden Hill, 6054 is offering WA ‘s 173th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.

Eden Hill is 206th on a list of best yielding suburbs for rents in WA with a 4.24% return

YIP MAG Information supplied by:

YIP MAG
December 2015

M
O

W
E
Located 11km from the Perth CBD, Eden Hill is an underrated suburb with good potential.Full summary
Located 11km from the Perth CBD, Eden Hill is an underrated suburb with good potential.

The suburb is a magnet for professionals and families thanks to its desirable amenities and proximity to the Perth CBD.

There are four parks in the 3sqm suburb, which has about 3,509 residents.

Eden Hill is well established and enjoys wide, leafy and quiet streets.

It’s currently undergoing gentrification as more young families are attracted to the affordable homes on large blocks of land. It has largely defied the overall slowdown in the Perth market.

Prices have been growing strongly since 2012 when median house values surged by a total of $68,500, or 15.73%.

There are a wide range of properties in the suburb and a good mix of old cottages, 1950s brick-and-tile houses and newer builds.

The suburb is also in high demand among renters, and so the vacancy rate is quite low at 1.04%.

Unlike some areas of Perth, Eden Hill is experiencing very low levels of housing supply.

During the past 12 months, properties listed for sale plunged by 58.7%, according to RealEstateInvestar.com.au.

The cheapest streets for buying a home are around Padbury Way, Wendlebury Way, Lord Street and May Road, according to OnTheHouse.com.au.

 

Close
HOUSE UNIT
$429,500 N/A
-1.83% N/A
-9.96% N/A
3.75% N/A
$350 N/A
44 N/A
4.24% N/A
59.4 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Eden Hill WA
Demographics
Total population 3508
Median household income ($/weekly) 1255
Median age of persons 37
Median housing loan repayment ($/monthly) 1575
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 432 12.3
    25-34 years 469 13.4
    35-44 years 503 14.3
    45-54 years 493 14.1
    55-64 years 437 12.5
    Others 1174 33.5
    Age Group
    Census Count Percent(%)
    Not Married 1216 45.0
    Registered Married 1207 44.7
    Defacto Relationship 279 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2418 71.3
    Indonesia 83 2.4
    Papua New Guinea 88 2.6
    United Kingdom 243 7.2
    Other 150 4.4
    Others 409 12.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 66 2.0
    Christianity 2153 66.7
    Islam 54 1.7
    Other Religious Groups 32 1.0
    No Religion 881 27.3
    Others 43 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 125 10.4
    $600-$799 125 10.4
    $1,000-$1,249 106 8.8
    $1,250-$1,499 129 10.8
    $1,500-$1,999 162 13.5
    Others 553 46.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1160 41.7
    Not in the labour force 892 32.1
    Employed, worked part-time 512 18.4
    Employed, away from work 134 4.8
    Unemployed, looking for work 82 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 256 14.2
    Technicians & trades workers 336 18.6
    Community & personal service workers 190 10.5
    Clerical & administrative workers 322 17.9
    Labourers 190 10.5
    Others 509 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 58 7.6
    Infants/Primary 272 35.4
    Secondary 193 25.1
    Technical or Further Educational Institution 103 13.4
    University or other Tertiary Institutions 121 15.8
    Others 21 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3088 90.9
    Semi-detached, row or terrace house, townhouse 166 4.9
    Flat, unit or apartment 144 4.2
    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 533 41.0
    Fully owned 456 35.0
    Rented 303 23.3
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals