Suburb Profile Report for Langford WA (6147)

Langford House: Median price $370,000, Annual capital growth 1.46%, Number of sales 51, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Investment property in Langford 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 -11.90%

If we look at median property appreciation over just the last three months, Langford has given property investors a paper return of -9.76%. This puts Suburb as 404 on a list of fastest fasting appreciating suburbs in WA

Property buyers and investors in Langford 6147 should be seeing an average reduction in asking price of around -8.59% . This means that Langford is holding prices well when compared to other suburbs in WA.

In the last year 51 properties changed hands in Langford, which puts it as the 228th most active market in WA when comparing the number of sales per suburb.

With the median price for a house in Langford being $370000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.22%

Metrics i HOUSE UNIT
$370,000 N/A
-9.76% N/A
-11.90% N/A
1.46% N/A
$300 N/A
51 N/A
4.22% N/A
74.32 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 5528
Median household income ($/weekly) 1112
Median age of persons 32
Median housing loan repayment ($/monthly) 1517
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 766 13.9
    25-34 years 971 17.6
    35-44 years 851 15.4
    45-54 years 581 10.5
    55-64 years 587 10.6
    Others 1773 32.1
    Age Group
    Census Count Percent(%)
    Not Married 1976 48.7
    Registered Married 1789 44.1
    Defacto Relationship 292 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2461 47.6
    Croatia 295 5.7
    Indonesia 221 4.3
    United Kingdom 284 5.5
    Other 674 13.0
    Others 1240 24.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 440 8.7
    Christianity 2601 51.4
    Hinduism 119 2.3
    Islam 620 12.2
    No Religion 1216 24.0
    Others 69 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 178 10.5
    $800-$999 182 10.7
    $1,000-$1,249 190 11.2
    $1,250-$1,499 158 9.3
    $1,500-$1,999 235 13.8
    Others 756 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1569 38.1
    Not in the labour force 1453 35.3
    Employed, worked part-time 666 16.2
    Unemployed, looking for work 217 5.3
    Employed, away from work 208 5.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 345 14.2
    Technicians & trades workers 436 17.9
    Clerical & administrative workers 304 12.5
    Machinery operators & drivers 305 12.5
    Labourers 361 14.8
    Others 686 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 97 7.2
    Infants/Primary 488 36.3
    Secondary 300 22.3
    Technical or Further Educational Institution 196 14.6
    University or other Tertiary Institutions 215 16.0
    Others 50 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4690 88.5
    Semi-detached, row or terrace house, townhouse 438 8.3
    Flat, unit or apartment 172 3.2
    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 805 43.6
    Rented 577 31.2
    Fully owned 452 24.5
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals