Suburb Profile Report for Kewdale WA (6105)

Kewdale House: Median price $495,000, Annual capital growth 2.37%, Number of sales 90, Weekly median advertised rent $330

Kewdale Unit: Median price $357,000, Annual capital growth 1.30%, Number of sales 36, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Kewdale have tracked just higher than the WA average of -3.96% over the last 12 months.

Over the longer term, Kewdale has seen property prices show investors a -10.00% return over the last 3 years. This is an improvement over the last 12 months

The most recent median price for Kewdale is $495000, with sellers offering an average of -9.27% off the asking price.

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

Investment property in Kewdale has done 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 -10.53%

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

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.73% offered to property buyers. Sellers in Kewdale itself are offering an average vendor discount of -10.37% to real estate investors.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 1.30%, investors should hope to achieve an overall return of 4.66%

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
$495,000 $357,000
-0.90% -3.25%
-1.10% -10.53%
2.37% 1.30%
$330 $320
90 36
3.47% 4.66%
75.78 149.57

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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