Suburb Profile Report for Armadale WA (6112)

Armadale House: Median price $282,000, Annual capital growth 0.01%, Number of sales 183, Weekly median advertised rent $280

Armadale Unit: Median price $224,000, Annual capital growth 0.06%, Number of sales 28, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Armadale, 6112 ranked 326th in WA when comparing growth in median property values or capital gain over the last 12 months. Armadale is one of 1662 in our list for WA

The five-year average increase in median property values for Armadale,6112 has given property investors a potential capital gain of 3.68% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Armadale is offering property investors an average of -8.23. This rate of discount on properties puts Suburb at number 54th in terms of most discounted suburbs in WA

With the median price for a house in Armadale being $282000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.16%

Armadale has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -25.08% to date .

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

Armadale6112 is located in WA which offers an average discount of -8.43% to property investors. Armadale itself is showing figures that indicate -10.07% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Armadale the average time real estate has been on the market is 118.12 days.

Armadale is 14th on a list of best yielding suburbs for rents in WA with a 5.80% return

Metrics i HOUSE UNIT
$282,000 $224,000
-6.00% 0.67%
-9.03% -25.08%
0.01% 0.06%
$280 $250
183 28
5.16% 5.80%
104.52 118.12

Source: CoreLogic

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