Suburb Profile Report for Waikiki WA (6169)

Waikiki House: Median price $375,000, Annual capital growth 1.22%, Number of sales 216, Weekly median advertised rent $350

Waikiki Unit: Median price $340,000, Annual capital growth 3.28%, Number of sales 11, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Waikiki have tracked close to the WA average of -4.99% over the last 12 months.

Waikiki,6169 was ranked 3077 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Waikiki should be aiming for at least -7.17% off the asking price, which is the average vendor discount being achieved at the moment.

The WA suburb of Waikiki, 6169 is in the Rockingham local government area.

Over the last year, property investments in Waikiki, 6169 have given investors a capital gain of 14.96%. This compares very favourably with the -3.64% for WA as a whole.

Taking the average capital gain, or increase in median house value, Waikiki,6169 has racked up an average of 14.96% over the period. This ranks it number 1295th in the whole country for real estate investors looking at median house price increases.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

HOUSE UNIT
$375,000 $340,000
-1.32% -2.72%
-5.06% 14.96%
1.22% 3.28%
$350 $300
216 11
4.85% 4.59%
99.18 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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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