Suburb Profile Report for Waikiki WA (6169)

Waikiki House: Median price $375,000, Annual capital growth 0.47%, Number of sales 218, Weekly median advertised rent $330

Waikiki Unit: Median price $302,000, Annual capital growth N/A, Number of sales 18, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Waikiki has done pretty 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 -1.06%

A 8.70% growth in median value for property investors in Waikiki,6169 puts this suburb at number 231th in terms of best performing suburbs in WA

LACK OF BUYER INTEREST may well be the reason that Waikiki is offering property investors an average of -8.23. This rate of discount on properties puts Suburb at number 226th in terms of most discounted suburbs in WA

Often selling an investment property can take time, and in Waikiki the average time real estate has been on the market is 99.92 days.

Property investors should expect to get $330 weekly from the median priced house in this suburb.

While Waikiki,6169 ranked number 97th in WA for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.

Situated 41.13km from the CBD, Waikiki is one of Rockingham localities in the postcode 6169.

Metrics i HOUSE UNIT
$375,000 $302,000
-1.32% -7.36%
-1.06% N/A
0.47% N/A
$330 $270
218 18
4.58% 4.65%
99.92 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 11982
Median household income ($/weekly) 1370
Median age of persons 35
Median housing loan repayment ($/monthly) 1900
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1739 14.5
    25-34 years 1490 12.4
    35-44 years 1762 14.7
    45-54 years 1800 15.0
    55-64 years 1222 10.2
    Others 3969 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 4083 49.4
    Not Married 3195 38.6
    Defacto Relationship 989 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7583 67.7
    Papua New Guinea 664 5.9
    South Africa 155 1.4
    United Kingdom 1947 17.4
    Other 253 2.3
    Others 601 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 139 1.3
    Christianity 6905 64.5
    Islam 58 0.5
    Other Religious Groups 45 0.4
    No Religion 3529 33.0
    Others 31 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 366 10.6
    $1,000-$1,249 329 9.5
    $1,500-$1,999 488 14.1
    $2,000-$2,499 343 9.9
    $2,500-$2,999 337 9.8
    Others 1593 46.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3534 40.2
    Not in the labour force 2813 32.0
    Employed, worked part-time 1624 18.5
    Employed, away from work 423 4.8
    Unemployed, looking for work 393 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 626 11.2
    Technicians & trades workers 1197 21.4
    Community & personal service workers 673 12.1
    Clerical & administrative workers 716 12.8
    Labourers 712 12.8
    Others 1657 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 190 7.1
    Infants/Primary 1099 41.2
    Secondary 766 28.7
    Technical or Further Educational Institution 284 10.6
    University or other Tertiary Institutions 273 10.2
    Others 55 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10693 97.5
    Semi-detached, row or terrace house, townhouse 141 1.3
    Flat, unit or apartment 128 1.2
    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(%)
    Being purchased 1867 46.7
    Rented 1129 28.2
    Fully owned 995 24.9
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
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