Suburb Profile Report for West Beach WA (6450)

West Beach House: Median price $408,750, Annual capital growth -0.90%, Number of sales 18, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -4.17% which means that West Beach, 6450 has not done well for property investors by showing a capital gain of -19.85% over the last year

The five-year average increase in median property values for West Beach,6450 has given property investors a potential capital gain of -9.67% across each of those five years.

Vendor discounting in West Beach is giving property investors an average Vendor Discount of around -9.24%. This puts suburb at number 99th in WA when ranking the most discounted suburbs.

Often selling an investment property can take time, and in West Beach the average time real estate has been on the market is 124.5 days.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of -0.90%, investors should hope to achieve an overall return of 5.22%

Metrics i HOUSE UNIT
$408,750 N/A
-7.10% N/A
-19.85% N/A
-0.90% N/A
$410 N/A
18 N/A
5.22% N/A
124.5 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1445
Median household income ($/weekly) 1466
Median age of persons 41
Median housing loan repayment ($/monthly) 1900
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 213 14.7
    25-34 years 143 9.9
    35-44 years 197 13.6
    45-54 years 257 17.8
    55-64 years 198 13.7
    Others 439 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 595 61.5
    Not Married 276 28.5
    Defacto Relationship 97 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1185 86.3
    Papua New Guinea 34 2.5
    South Africa 15 1.1
    United Kingdom 76 5.5
    Other 12 0.9
    Others 51 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 865 65.8
    No Religion 421 32.0
    Buddhism 25 1.9
    Other Religious Groups 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 41 9.2
    $800-$999 43 9.6
    $1,500-$1,999 70 15.7
    $2,000-$2,499 47 10.5
    $2,500-$2,999 42 9.4
    Others 203 45.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 459 42.3
    Not in the labour force 299 27.6
    Employed, worked part-time 238 21.9
    Employed, away from work 59 5.4
    Unemployed, looking for work 30 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 144 19.0
    Professionals 152 20.1
    Technicians & trades workers 112 14.8
    Clerical & administrative workers 106 14.0
    Sales 79 10.4
    Others 164 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 21 6.8
    Infants/Primary 160 51.6
    Secondary 82 26.5
    Technical or Further Educational Institution 18 5.8
    University or other Tertiary Institutions 26 8.4
    Others 3 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 997 77.2
    Semi-detached, row or terrace house, townhouse 265 20.5
    Flat, unit or apartment 30 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 192 39.3
    Being purchased 171 35.0
    Rented 126 25.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals