Suburb Profile Report for Armadale WA (6112)

Armadale House: Median price $270,000, Annual capital growth -0.65%, Number of sales 181, Weekly median advertised rent $275

Armadale Unit: Median price $226,000, Annual capital growth 0.14%, Number of sales 25, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a poor capital gain of -12.90% for the last year, Armadale, 6112 is the 3989th highest performer in Australia in this respect.

Comparing Armadale,6112 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 Armadale, 6112. Typically our figures indicate that -11.61% is being offered, which puts this WA suburb at 170th most discounted overall in Australia.

Residents and property investors in Armadale have been waiting around 111.94 days to sell a property.

Property investors who have had real estate in Armadale, 6112 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.76%

Armadale,6112 has offered an average of -7.76% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Armadale is offering property investors an average of -8.73. This rate of discount on properties puts Suburb at number 30th in terms of most discounted suburbs in WA

Residents and property investors in Armadale have been waiting around 111 days to sell a property.

Using the current median advertised rental of $240 and the average annual increase in value of a median property of 0.14%, investors should hope to achieve an overall return of 5.52%

Metrics i HOUSE UNIT
$270,000 $226,000
-3.57% -0.66%
-12.90% -7.76%
-0.65% 0.14%
$275 $240
181 25
5.30% 5.52%
111.94 111

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 12853
Median household income ($/weekly) 889
Median age of persons 35
Median housing loan repayment ($/monthly) 1467
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1542 12.0
    25-34 years 1824 14.2
    35-44 years 1493 11.6
    45-54 years 1516 11.8
    55-64 years 1475 11.5
    Others 5003 38.9
    Age Group
    Census Count Percent(%)
    Not Married 4631 51.1
    Registered Married 3265 36.0
    Defacto Relationship 1163 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 8079 69.1
    New Zealand 195 1.7
    Papua New Guinea 517 4.4
    United Kingdom 1607 13.7
    Other 408 3.5
    Others 886 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 156 1.4
    Christianity 6942 62.9
    Islam 127 1.2
    Other Religious Groups 119 1.1
    No Religion 3611 32.7
    Others 75 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 528 11.8
    $400-$599 622 14.0
    $600-$799 532 11.9
    $800-$999 509 11.4
    $1,500-$1,999 487 10.9
    Others 1780 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3936 41.8
    Employed, worked full-time 3202 34.0
    Employed, worked part-time 1374 14.6
    Unemployed, looking for work 494 5.3
    Employed, away from work 400 4.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 915 18.4
    Community & personal service workers 547 11.0
    Clerical & administrative workers 658 13.2
    Machinery operators & drivers 747 15.0
    Labourers 773 15.5
    Others 1339 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 223 10.0
    Infants/Primary 919 41.0
    Secondary 501 22.4
    Technical or Further Educational Institution 271 12.1
    University or other Tertiary Institutions 232 10.4
    Others 95 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9482 81.5
    Flat, unit or apartment 1084 9.3
    Semi-detached, row or terrace house, townhouse 1075 9.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1882 38.6
    Being purchased 1652 33.9
    Fully owned 1230 25.2
    Other tenure type 116 2.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals