Suburb Profile Report for Safety Bay WA (6169)

Safety Bay House: Median price $398,250, Annual capital growth 1.14%, Number of sales 129, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -11.50% for the last year, Safety Bay, 6169 is the 3872th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Safety Bay has given property investors a paper return of 0.25%. This puts Suburb as 115 on a list of fastest fasting appreciating suburbs in WA

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 Safety Bay, 6169. Typically our figures indicate that -6.54% is being offered, which puts this WA suburb at 1520th most discounted overall in Australia.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 1.14%.

HOUSE UNIT
$398,250 N/A
0.25% N/A
-11.50% N/A
1.14% N/A
$340 N/A
129 N/A
4.44% N/A
85.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Safety Bay WA
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
Chart Table
Recent sales & rentals