Suburb Profile Report for Aveley WA (6069)

Aveley House: Median price $466,500, Annual capital growth 13.84%, Number of sales 172, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Expert Report

At number 3094th in the list of Australian suburbs ordered by increase in median house value over the last year, Aveley, 6069 is in the BOTTOM 30% with a property value increase of -1.79% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Aveley has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Aveley are currently offering property investors an average price cut of -6.92% below the asking price at the moment.

On average over the past year, suburb has had 14.33 sales per month, which equates to 172 per year.

A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 13.84%.

Matt Condit Information supplied by:

Matt Condit
Granger Clark

M 08 9249 6888
O 0407 160 037

W www.grangerclark.com.au
E matt.condit@grangerclark.com.au
WA has seen average median house prices change by 5.14% which means that Aveley, 6069 has done well for property investors by showing a capital gain of 10.08% over the last year.

While Aveley,6069 ranked number 187th in WA for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.

The most recent median price for Aveley is $491500, with sellers offering an average of -4.62% off the asking price.
Aveley, 6069’s gross rental yield is 5.29%Full summary
WA has seen average median house prices change by 5.14% which means that Aveley, 6069 has done well for property investors by showing a capital gain of 10.08% over the last year.
 
While Aveley,6069 ranked number 187th in WA for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
 
The most recent median price for Aveley is $491500, with sellers offering an average of -4.62% off the asking price. Aveley, 6069’s gross rental yield is 5.29%
 
Selling points: Nestled in the heart of the picturesque Swan Valley region. In 2011, Vale was crowned 'Australia's best residential development' by UDIA.
 
Most sought-after properties: House
 
Most common properties: House 
 
Top amenities: Arbor Grove Primary School, Coolamon Primary School, Ellenbrook Christian College, Ellenbrook Primary School, Ellen Stirling Primary School, Ellenbrook Secondary College, Saint Helena's Catholic Primary School, Swan Valley Anglican Community School
 
Local industry and business: Close proximity to Midland industrial & commercial areas.
 
Recent changes: Last available blocks in the suburb selling in the Vale estate. Still a very new & developing area.
 
Best streets: Vale
 
Public transport: Bus service to Bassendean Train Station
 
Main arteries: Gnangara Road
Close
HOUSE UNIT
$466,500 N/A
0.32% N/A
-1.79% N/A
13.84% N/A
$425 N/A
172 N/A
4.74% N/A
118.17 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
Find a mortgage broker in Aveley WA
Demographics
Total population 4474
Median household income ($/weekly) 1975
Median age of persons 29
Median housing loan repayment ($/monthly) 2511
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 505 11.3
    5-14 years 816 18.2
    25-34 years 866 19.4
    35-44 years 887 19.8
    45-54 years 453 10.1
    Others 947 21.2
    Age Group
    Census Count Percent(%)
    Registered Married 1723 59.2
    Not Married 772 26.5
    Defacto Relationship 415 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2946 68.0
    Papua New Guinea 181 4.2
    South Africa 148 3.4
    United Kingdom 611 14.1
    Other 172 4.0
    Others 275 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 1.3
    Christianity 2756 66.1
    Hinduism 76 1.8
    Islam 65 1.6
    No Religion 1183 28.4
    Others 34 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 105 8.7
    $1,500-$1,999 236 19.6
    $2,000-$2,499 178 14.7
    $2,500-$2,999 195 16.2
    $3,000-$3,499 130 10.8
    Others 363 30.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1630 53.7
    Employed, worked part-time 596 19.6
    Not in the labour force 575 18.9
    Employed, away from work 161 5.3
    Unemployed, looking for work 75 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 321 13.5
    Professionals 369 15.5
    Technicians & trades workers 421 17.7
    Clerical & administrative workers 423 17.8
    Sales 255 10.7
    Others 592 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 94 7.7
    Infants/Primary 572 46.8
    Secondary 342 28.0
    Technical or Further Educational Institution 66 5.4
    University or other Tertiary Institutions 126 10.3
    Others 21 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3990 93.8
    Semi-detached, row or terrace house, townhouse 198 4.7
    Flat, unit or apartment 62 1.5
    Caravan, cabin, houseboat 4 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1013 72.8
    Rented 235 16.9
    Fully owned 138 9.9
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals