Suburb Profile Report for Ellenbrook WA (6069)

Ellenbrook House: Median price $400,000, Annual capital growth 0.73%, Number of sales 309, Weekly median advertised rent $360

Ellenbrook Unit: Median price $291,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Expert Report

Over the last year, property investments in Ellenbrook, 6069 have given investors a capital gain of -4.53%. This compares averagely with the -3.83% for WA as a whole.

A 5.26% growth in median value for property investors in Ellenbrook,6069 puts this suburb at number 288th in terms of best performing suburbs in WA

Sellers are offering property buyers an average discount of -7.65% to buyers in Ellenbrook at the moment, which is less than average for the rest of WA.

In the last year 309 properties changed hands in Ellenbrook, which puts it as the 4th most active market in WA when comparing the number of sales per suburb.

The WA suburb of Ellenbrook, 6069 is in the Swan local government area.

Tony McEntee Information supplied by:

Tony McEntee
LWP Property Group

M (08) 9297 9999
O

W www.lwpproperty.com.au
E tmcentee@lwpproperty.com.au
A regional centre, despite being situated in Perth's north-eastern suburbs, Ellenbrook is enjoying steady yearly population growth along with most parts of Western Australia.
Ellenbrook is growing, with 11 primary and secondary schools now in operation and more planned. Developers are seizing this opportunity to add value to the area, through properties, playgrounds, sporting precincts and major shopping centres.
A new hardware chain has opened recently, creating 350 jobs, while the creation of more than 5,000 extra roles is planned by local government to continue the growth in the suburb.
Around 300 new homes are being built each year, to accommodate the steady inflow of FIFO resource workers, who are attracted to Ellenbrook's proximity to the airport, which is just an 18 minute drive.
A number of bus routes are in place, which expand as the suburb's growth continues. Full summary

Selling points: Ellenbrook is a designated regional centre under the town planning scheme and has a range of facilities and services to meet the needs of the 22,000 population. These includes the 11 primary and secondary schools currently operating, with more planned. The population grows by approximately 1,500-2,000 people each year and as such the developers are continually adding value to the area, including playgrounds, sporting precincts and major shopping centres.

The other major point is the suburb was never intended to be a dormitory suburb, whereby residents drive to their employment, but rather the creation of 5,000 jobs is planned. Recently Masters Hardware has just opened, employing 350 local residents. The suburb also has more than 100 shops, including four major retailers.

Rental vacancy rates are almost zero as many of the people who buy land and build a house, rent while doing so.

Most sought after properties: Typically, Perth families still love the four by two home on a traditional size lot. The average size of lot has reduced over the past three-five years due to affordability and we are now seeing a real shift to three by two homes. The investor activity since the start of 2012 reflects this trend.

Most common properties: Ellenbrook has seven villages, each with a different theme, and this is reflected in the design of the homes and streetscape. The latest village draws on the natural wetlands as a backdrop, with native front landscaping in all homes and public playgrounds using natural elements. Traditional four by two homes still characterise the suburb.

Top amenities: The 11 primary and secondary schools currently operating offer shared use facilities with the local residents, such as sporting ovals and the town library. Ellenbrook has more than 100 sporting, recreational and community groups currently operating. Regional playing fields, including club rooms and a sport and recreation centre, are currently under construction.

Local industry and business: Major employers include Coles, Woolworths, Big W, Dick Smith and, now recently, Masters Hardware. This is in addition to the building activity, which sees some 300 new homes under construction each year.

Recent changes: As one of the largest developments in Australia, the suburb changes every month. In the past 10 years, a major new town centre has emerged, with over 30,000 sqm of retail facilities. The population has grown by over 12,000 in this period. Two new high schools and three primary schools have also opened in this period.

Best streets: Buyers have the opportunity to buy existing or new and can choose between seven villages, each with their own character. Each village has a dress circle, or premium, precinct that tends to overlook parks or lakes or be in an elevated position. These dress circle areas have proven to hold their values over time.

The latest village Lexia is offering excellent value. With home building undergoing a challenging time in recent years, homebuilders are offering great incentives to purchase now. These incentives are likely to disappear in the next three months as the upturn becomes evident.

Public transport: There are a number of bus routes that expand as the suburb grows. Currently buses leave every 15 minutes to the Morley interchange. A full review by the State Government is underway with planning for light rail services and in the immediate term, a rapid bus system, to the Bassendean train station.

Main arteries: Ellenbrook is easily accessible to the idyllic Swan Valley wine region, literally at the end of Gnangara Road. The airport is only 18 minutes away utilising Reid and Tonkin Highways, which suits many of the FIFO workers purchasing in the area. Major employment hubs in Malaga and Wangara are only 15 minutes away and Hillarys Beach is in a direct line along Hepburn Avenue taking just under 30 minutes.

Close
Metrics i HOUSE UNIT
$400,000 $291,500
-2.44% N/A
-4.53% N/A
0.73% N/A
$360 $300
309 10
4.68% 5.35%
102.96 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 16285
Median household income ($/weekly) 1677
Median age of persons 29
Median housing loan repayment ($/monthly) 2300
Average household size 3
  • Census Count Percent(%)
    0-4 years 1846 11.3
    5-14 years 2950 18.1
    25-34 years 2981 18.3
    35-44 years 2867 17.6
    45-54 years 1624 10.0
    Others 4016 24.7
    Age Group
    Census Count Percent(%)
    Registered Married 5578 53.1
    Not Married 3319 31.6
    Defacto Relationship 1604 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10617 68.6
    Papua New Guinea 899 5.8
    South Africa 386 2.5
    United Kingdom 1723 11.1
    Other 735 4.7
    Others 1126 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 226 1.5
    Christianity 9483 63.8
    Hinduism 94 0.6
    Islam 295 2.0
    No Religion 4658 31.4
    Others 97 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 377 8.2
    $1,250-$1,499 449 9.8
    $1,500-$1,999 822 18.0
    $2,000-$2,499 660 14.4
    $2,500-$2,999 572 12.5
    Others 1690 37.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5382 49.2
    Not in the labour force 2724 24.9
    Employed, worked part-time 1998 18.3
    Employed, away from work 496 4.5
    Unemployed, looking for work 346 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 850 10.8
    Professionals 1085 13.8
    Technicians & trades workers 1399 17.8
    Community & personal service workers 862 10.9
    Clerical & administrative workers 1362 17.3
    Others 2315 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 365 8.6
    Infants/Primary 1917 45.1
    Secondary 1124 26.5
    Technical or Further Educational Institution 347 8.2
    University or other Tertiary Institutions 400 9.4
    Others 94 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14621 95.5
    Semi-detached, row or terrace house, townhouse 454 3.0
    Flat, unit or apartment 227 1.5
    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 3201 62.4
    Rented 1229 24.0
    Fully owned 681 13.3
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals