Suburb Profile Report for Baldivis WA (6171)

Baldivis House: Median price $427,000, Annual capital growth 5.88%, Number of sales 425, Weekly median advertised rent $380

Baldivis Unit: Median price $272,000, Annual capital growth -3.37%, Number of sales 30, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Baldivis 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 -4.47%

If we look at median property appreciation over just the last three months, Baldivis has given property investors a paper return of -0.70%. This puts Suburb as 190 on a list of fastest fasting appreciating suburbs in WA

At number 211th of WA’s most discounted properties, Baldivis is in the middle of the state/territory when listing in order of most discounted to least.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.63%, without taking into account capital value appreciation, which has been averaging out at 5.88%.

Baldivis has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -28.42% to date .

Across a shorter period, Baldivis, 6171 has seen a median price increase of -18.32% over the last quarter.

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 Baldivis, 6171. Typically our figures indicate that -2.59% is being offered, which puts this WA suburb at 1389th most discounted overall in Australia.

In the last year 30 properties changed hands in Baldivis, which puts it as the 55th most active market in WA when comparing the number of sales per suburb.

Baldivis is 10th on a list of best yielding suburbs for rents in WA with a 6.12% return

Agnes Gaspar Information supplied by:

Agnes Gaspar
My Place Real Estate

M 08 62302102
O 0416192215

W http://www.myplacerealestate.com.au/
E agnes@myplacerealestate.com.au
Baldivis is an average performer in WA when comparing median price capital growth over the last year. Baldivis gave property investors a average capital gain figure when compared to the rest of the state, with 3.53%.

Comparing Baldivis,6171 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period.

Property investors looking for a bargain in Baldivis should be aiming for at least -7.15% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 21.59%, investors should hope to achieve an overall return of 5.32%Full summary
Baldivis is an average performer in WA when comparing median price capital growth over the last year. Baldivis gave property investors a average capital gain figure when compared to the rest of the state, with 3.53%.
 
Comparing Baldivis,6171 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period.
 
Property investors looking for a bargain in Baldivis should be aiming for at least -7.15% off the asking price, which is the average vendor discount being achieved at the moment.
 
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 21.59%, investors should hope to achieve an overall return of 5.32%.
 
Selling points: Good variety of homes from cottage lots to large acreage farms.
 
Most sought-after properties:  3x2 homes on cottage lot near amenities and 4x2 family homes with some garden and space for children. 
 
Most common properties:  as above
 
Top amenities: 
  • Great local shopping centre
  • Village style specialty shops
  • New high school
  • 5 primary schools and 2 more on the way
  • Private schools
 
Local industry and business: Lots of small business working from home. Lots of FIFO workers.
 
Recent changes: 
 
New estatates, new subdivisions constantly changing landscape
 
Public transport: 
Bus, train
 
Main arteries: 
  • Mundijong road and safety bay road 
  • Sixty-eight road
  • stake hill road– East West
  • Mandurah road
  • Eighty road
  • Baldivis road – South North

 

Close
Metrics i HOUSE UNIT
$427,000 $272,000
-0.70% -18.32%
-4.47% -28.42%
5.88% -3.37%
$380 $320
425 30
4.63% 6.12%
105.64 74.18

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
Find a mortgage broker in Baldivis WA
Demographics
Total population 15883
Median household income ($/weekly) 1931
Median age of persons 29
Median housing loan repayment ($/monthly) 2383
Average household size 3
  • Census Count Percent(%)
    0-4 years 1743 11.0
    5-14 years 2657 16.7
    25-34 years 2816 17.7
    35-44 years 2710 17.1
    45-54 years 1807 11.4
    Others 4150 26.1
    Age Group
    Census Count Percent(%)
    Registered Married 5873 56.3
    Not Married 2892 27.7
    Defacto Relationship 1675 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 10175 66.7
    Papua New Guinea 730 4.8
    South Africa 399 2.6
    United Kingdom 2845 18.7
    Other 373 2.4
    Others 726 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 0.7
    Christianity 9340 64.1
    Islam 62 0.4
    Other Religious Groups 49 0.3
    No Religion 4965 34.1
    Others 49 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 388 8.8
    $1,500-$1,999 722 16.3
    $2,000-$2,499 679 15.3
    $2,500-$2,999 691 15.6
    $3,000-$3,499 389 8.8
    Others 1559 35.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5535 50.2
    Not in the labour force 2566 23.3
    Employed, worked part-time 2071 18.8
    Employed, away from work 500 4.5
    Unemployed, looking for work 347 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 902 11.1
    Professionals 1172 14.5
    Technicians & trades workers 1735 21.4
    Community & personal service workers 889 11.0
    Clerical & administrative workers 1263 15.6
    Others 2147 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 342 8.6
    Infants/Primary 1864 46.6
    Secondary 969 24.2
    Technical or Further Educational Institution 314 7.9
    University or other Tertiary Institutions 405 10.1
    Others 105 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14563 97.8
    Semi-detached, row or terrace house, townhouse 153 1.0
    Caravan, cabin, houseboat 105 0.7
    Flat, unit or apartment 63 0.4
    Improvised home, tent, sleepers out 9 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 3211 63.5
    Rented 1024 20.2
    Fully owned 801 15.8
    Other tenure type 24 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals