Suburb Profile Report for Brabham WA (6055)

Brabham House: Median price $345,000, Annual capital growth 8.04%, Number of sales 83, Weekly median advertised rent $350

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

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Giving property investors a a solid capital gain of 21.21% for the last year, Brabham, 6055 is the 241th highest performer in Australia in this respect.

Across a shorter period, Brabham, 6055 has seen a median price increase of 2.25% over the last quarter.

At number 94th of WA’s most discounted properties, Brabham is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Brabham, 6055’s gross rental yield is 4.55%

Information supplied by:


April 2019

M
O

W
E

Significant stock increase could be dangerous

Postcode: 6055

Median house price: $395,000

Stock on market: 68.7%

12-month growth: 20.8%

Once part of the suburb of Henley Brook, Brabham was gazetted less than 10 years ago, making it one of the youngest suburbs in Perth.

As part of the urban growth corridor of Swan City, Brabham has a lot of potential. It’s ideal for families with children given the presence of parks to run around in, and it’s also convenient for working professionals, as the suburb is bordered by several roads, including Park Street, Murray Street, Harrow Street and Lord Street. The Perth CBD is approximately 30 minutes’ drive away.

Housing stock soared in the year to January 2019, going from just 134 to 226 for a 68.7% increase in supply. Despite the high 20% price growth recorded in this suburb in the same period, demand may not be enough to soak up the new properties as sellers are having to offer big discounts.

Metrics i HOUSE UNIT
$345,000 N/A
-5.35% N/A
0.44% N/A
8.04% N/A
$350 N/A
83 N/A
5.28% N/A
90.541664 N/A

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Brabham WA