Suburb Profile Report for Broadwater WA (6280)

Broadwater House: Median price $470,000, Annual capital growth 2.80%, Number of sales 50, Weekly median advertised rent $388

Broadwater Unit: Median price $183,500, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Broadwater 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 0.75%

Broadwater,6280 has offered an average of 0.75% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Broadwater should be aiming for at least -4.55% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Broadwater the average time real estate has been on the market is 100.13 days.

With the median price for a house in Broadwater being $470000 and the advertised rent reaching $387.5 the gross rental yield for property investors calculates out to be 4.29%

The WA suburb of Broadwater, 6280 is in the Busselton local government area.

HOUSE UNIT
$470,000 $183,500
0.75% 13.27%
0.75% N/A
2.80% N/A
$388 N/A
50 14
4.29% N/A
100.13 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3703
Median household income ($/weekly) 980
Median age of persons 42
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 447 12.1
    25-34 years 386 10.4
    35-44 years 490 13.2
    45-54 years 429 11.6
    55-64 years 442 11.9
    Others 1509 40.8
    Age Group
    Census Count Percent(%)
    Registered Married 1401 58.2
    Not Married 749 31.1
    Defacto Relationship 256 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2807 79.6
    Papua New Guinea 70 2.0
    South Africa 37 1.0
    United Kingdom 424 12.0
    Other 59 1.7
    Others 128 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.1
    Christianity 2229 67.3
    Islam 10 0.3
    Other Religious Groups 8 0.2
    No Religion 1024 30.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 168 14.3
    $600-$799 181 15.4
    $800-$999 118 10.0
    $1,000-$1,249 106 9.0
    $1,500-$1,999 136 11.6
    Others 468 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1250 44.0
    Employed, worked full-time 887 31.2
    Employed, worked part-time 519 18.3
    Employed, away from work 105 3.7
    Unemployed, looking for work 82 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 11.8
    Professionals 204 13.5
    Technicians & trades workers 307 20.3
    Clerical & administrative workers 199 13.2
    Labourers 180 11.9
    Others 445 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 68 10.1
    Infants/Primary 287 42.5
    Secondary 190 28.1
    Technical or Further Educational Institution 79 11.7
    University or other Tertiary Institutions 28 4.1
    Others 23 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2901 91.4
    Semi-detached, row or terrace house, townhouse 158 5.0
    Flat, unit or apartment 101 3.2
    Caravan, cabin, houseboat 13 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 423 33.2
    Fully owned 391 30.7
    Rented 388 30.5
    Other tenure type 72 5.7
    Tenure Type
Census 2011, ABS
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