Suburb Profile Report for Beldon WA (6027)

Beldon House: Median price $431,250, Annual capital growth 0.70%, Number of sales 62, Weekly median advertised rent $370

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

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

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  • House Report

If you compare the increase in value of investment property in Beldon, 6027 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -6.25%.

Comparing Beldon,6027 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors looking for a bargain in Beldon should be aiming for at least -8.48% off the asking price, which is the average vendor discount being achieved at the moment.

Beldon, 6027’s gross rental yield is 4.43%

Information supplied by:


April 2019

M
O

W
E

Housing supply gets a significant boost

Postcode: 6027

Median house price: $450,000

Stock on market: 55.0%

12-month growth: -1.7%

Beldon is a small suburb tucked into the city of Joondalup north of Craigie. It was originally inhabited by the Nyoongar aboriginals for about 40,000 years.

The suburb first came into existence in 1974. In the many years since, it has been developed into a thriving community with two main shopping hubs – Betridge City shopping centre in the north and Beldon shopping centre to the west. The latter was the first shopping district in the suburb, having been built in 1977. There are also many parks with playgrounds for children; Beldon Park has a children’s playground and a sports field, while Haddington Park has a dirt bike track.

There was a sharp increase in housing supply over the year to February 2019, with the figure soaring from 39 to 61 for a stock on market boost of over 50%.

Metrics i HOUSE UNIT
$431,250 N/A
-2.54% N/A
-6.25% N/A
0.70% N/A
$370 N/A
62 N/A
4.43% N/A
51.0344827586207 N/A

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

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 3991
Median household income ($/weekly) 1465
Median age of persons 34
Median housing loan repayment ($/monthly) 1988
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 494 12.4
    25-34 years 693 17.4
    35-44 years 573 14.4
    45-54 years 602 15.1
    55-64 years 452 11.3
    Others 1177 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1365 46.0
    Not Married 1189 40.1
    Defacto Relationship 411 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2485 65.2
    Italy 74 1.9
    Papua New Guinea 164 4.3
    United Kingdom 602 15.8
    Other 141 3.7
    Others 348 9.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 2.0
    Christianity 2320 64.0
    Islam 32 0.9
    Other Religious Groups 24 0.7
    No Religion 1169 32.2
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 119 9.1
    $1,250-$1,499 118 9.1
    $1,500-$1,999 211 16.2
    $2,000-$2,499 162 12.4
    $2,500-$2,999 125 9.6
    Others 567 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1390 45.1
    Not in the labour force 741 24.0
    Employed, worked part-time 672 21.8
    Employed, away from work 167 5.4
    Unemployed, looking for work 112 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 341 15.3
    Technicians & trades workers 480 21.6
    Clerical & administrative workers 346 15.5
    Sales 231 10.4
    Labourers 227 10.2
    Others 602 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 49 5.5
    Infants/Primary 367 41.0
    Secondary 195 21.8
    Technical or Further Educational Institution 95 10.6
    University or other Tertiary Institutions 173 19.3
    Others 16 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3710 97.9
    Semi-detached, row or terrace house, townhouse 60 1.6
    Flat, unit or apartment 16 0.4
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 764 51.7
    Fully owned 379 25.7
    Rented 331 22.4
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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