Suburb Profile Report for Broadwater WA (6280)

Broadwater House: Median price $457,500, Annual capital growth 1.14%, Number of sales 56, Weekly median advertised rent $380

Broadwater Unit: Median price $300,000, Annual capital growth N/A, Number of sales 18, Weekly median advertised rent $360

  • 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 -0.54%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Broadwater has increased when compared to the 5 year average annual rate.

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 Broadwater, 6280. Typically our figures indicate that -3.91% is being offered, which puts this WA suburb at 3151th most discounted overall in Australia.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.32%, without taking into account capital value appreciation, which has been averaging out at 1.14%.

When looking at the potential capital gains offered to property investors over the last 3 years, Broadwater comes in at number 8th in WA.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$457,500 $300,000
-0.54% 33.33%
-0.54% N/A
1.14% N/A
$380 $360
56 18
4.32% 6.24%
91.71 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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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