Suburb Profile Report for Kewdale WA (6105)

Kewdale House: Median price $499,500, Annual capital growth 3.04%, Number of sales 103, Weekly median advertised rent $350

Kewdale Unit: Median price $365,000, Annual capital growth 1.04%, Number of sales 34, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Kewdale 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 -0.10%

Kewdale,6105 was ranked 2695 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kewdale, 6105. Typically our figures indicate that -8.93% is being offered, which puts this WA suburb at 555th most discounted overall in Australia.

At number 1675 in a list of fastest selling suburbs, Kewdale is just in the top half of suburbs in Australia with an average of days on market 75.13 for properties listed there.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.64%, without taking into account capital value appreciation, which has been averaging out at 3.04%.

WA has seen average median house prices change by -5.10% which means that Kewdale, 6105 has not done well for property investors by showing a capital gain of -8.75% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Kewdale comes in at number 80th in WA.

LACK OF BUYER INTEREST may well be the reason that Kewdale is offering property investors an average of -8.43. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in WA

In the last year 34 properties changed hands in Kewdale, which puts it as the 52th most active market in WA when comparing the number of sales per suburb.

Annette Henshall Information supplied by:

Annette Henshall
Welsh Real Estate

M 9270 7200
O 0417 663 123

W www.welshrealestate.com.au
E annette@welshrealestate.com.au
Kewdale is in the bottom 40% in WA when comparing median price capital growth over the last year. Kewdale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.30%.

Comparing Kewdale,6105 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period.

Kewdale, 6105 is offering WA ‘s 235th 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.

Kewdale, 6105’s gross rental yield is 4.61%Full summary
Kewdale is in the bottom 40% in WA when comparing median price capital growth over the last year. Kewdale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.30%.
 
Comparing Kewdale,6105 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period.
 
Kewdale, 6105 is offering WA ‘s 235th 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.
 
Kewdale, 6105’s gross rental yield is 4.61%
 
Selling points: Tomato Lake, ease of access to CBD (only 7km’s), Airport.  Safe family orientated area.  A suburb that not many people consider and doesn’t truly reflect it’s close proximity to the City
 
Most sought-after properties: any properties in close proximity to Tomato Lake 
 
Most common properties:  Mostly family homes on large blocks which are slowly being subdivided or the older homes being demolished and new ones being built
 
Top amenities:  Tomato Lake Kiosk, Belmont Forum Shopping Centre 
 
Local industry and business: Kewdale Business District (Kewdale Road, Kewdale)
 
Recent changes: The recent development of the Australian Islamic 
 
Best streets: Tomato Lake Precinct, Kambalda Way, Wheatley Street, Peace Loop & Harmony Way
 
Public transport: Bus to the City and Curtin Uni and Oats St train station close by.
Close
Metrics i HOUSE UNIT
$499,500 $365,000
0.10% -2.89%
-0.10% -8.75%
3.04% 1.04%
$350 $335
103 34
3.64% 4.77%
75.13 152.61

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
Find a mortgage broker in Kewdale WA
Demographics
Total population 6190
Median household income ($/weekly) 1199
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 697 11.3
    25-34 years 1012 16.4
    35-44 years 894 14.4
    45-54 years 785 12.7
    55-64 years 619 10.0
    Others 2182 35.3
    Age Group
    Census Count Percent(%)
    Not Married 2168 46.6
    Registered Married 2063 44.4
    Defacto Relationship 420 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3325 57.0
    Indonesia 187 3.2
    Papua New Guinea 201 3.4
    United Kingdom 441 7.6
    Other 699 12.0
    Others 983 16.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 173 3.1
    Christianity 3395 60.3
    Hinduism 95 1.7
    Islam 634 11.3
    No Religion 1268 22.5
    Others 67 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 244 11.4
    $600-$799 204 9.5
    $1,000-$1,249 202 9.4
    $1,500-$1,999 289 13.5
    $2,500-$2,999 196 9.1
    Others 1008 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1906 40.1
    Not in the labour force 1613 33.9
    Employed, worked part-time 841 17.7
    Employed, away from work 225 4.7
    Unemployed, looking for work 168 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 484 16.3
    Technicians & trades workers 534 17.9
    Community & personal service workers 287 9.6
    Clerical & administrative workers 502 16.9
    Labourers 330 11.1
    Others 838 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 85 6.5
    Infants/Primary 458 34.8
    Secondary 290 22.0
    Technical or Further Educational Institution 172 13.1
    University or other Tertiary Institutions 256 19.4
    Others 56 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4501 76.7
    Semi-detached, row or terrace house, townhouse 942 16.1
    Flat, unit or apartment 422 7.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 831 35.5
    Rented 772 33.0
    Being purchased 732 31.3
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals