Suburb Profile Report for Safety Bay WA (6169)

Safety Bay House: Median price $420,000, Annual capital growth 0.31%, Number of sales 126, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Safety Bay, 6169 have given investors a capital gain of 5.00%. This compares very favourably with the -3.78% for WA as a whole.

Across a shorter period, Safety Bay, 6169 has seen a median price increase of 5.00% over the last quarter.

Property buyers and investors in Safety Bay 6169 should be seeing an average reduction in asking price of around -6.81% . This means that Safety Bay is holding prices well when compared to other suburbs in WA.

Advertised rents are around the $320 mark per week – giving a return of 3.96% based on the median price in Suburb

Metrics i HOUSE UNIT
$420,000 N/A
5.00% N/A
5.00% N/A
0.31% N/A
$320 N/A
126 N/A
3.96% N/A
73.12 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 7395
Median household income ($/weekly) 1189
Median age of persons 43
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 852 11.5
    35-44 years 938 12.7
    45-54 years 1054 14.3
    55-64 years 1031 13.9
    65-74 years 798 10.8
    Others 2722 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 2904 52.7
    Not Married 2047 37.2
    Defacto Relationship 559 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4763 67.7
    Papua New Guinea 266 3.8
    South Africa 65 0.9
    United Kingdom 1439 20.5
    Other 156 2.2
    Others 347 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 0.8
    Christianity 4591 68.4
    Islam 26 0.4
    Other Religious Groups 38 0.6
    No Religion 1992 29.7
    Others 13 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 299 12.0
    $600-$799 259 10.4
    $800-$999 208 8.3
    $1,500-$1,999 311 12.5
    $2,500-$2,999 255 10.2
    Others 1164 46.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2289 39.4
    Employed, worked full-time 2084 35.8
    Employed, worked part-time 995 17.1
    Employed, away from work 237 4.1
    Unemployed, looking for work 210 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 494 14.9
    Technicians & trades workers 683 20.6
    Community & personal service workers 372 11.2
    Clerical & administrative workers 461 13.9
    Sales 334 10.1
    Others 971 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 84 6.1
    Infants/Primary 572 41.8
    Secondary 367 26.8
    Technical or Further Educational Institution 146 10.7
    University or other Tertiary Institutions 178 13.0
    Others 23 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6398 92.8
    Semi-detached, row or terrace house, townhouse 302 4.4
    Flat, unit or apartment 191 2.8
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1178 42.0
    Being purchased 944 33.7
    Rented 678 24.2
    Other tenure type 4 0.1
    Tenure Type
Census 2011, ABS
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