Suburb Profile Report for Edgewater WA (6027)

Edgewater House: Median price $495,000, Annual capital growth 1.04%, Number of sales 87, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Edgewater, 6027 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.29%

Edgewater,6027 was ranked 3870 in Australia by increase in median property value over the quarter.

Vendor discounting in Edgewater is giving property investors an average Vendor Discount of around -5.27%. This puts suburb at number 378th in WA when ranking the most discounted suburbs.

At number 970 in a list of fastest selling suburbs, Edgewater is in the TOP 30% of suburbs in Australia with an average of days on market 53.39 for properties listed there.

Metrics i HOUSE UNIT
$495,000 N/A
-5.35% N/A
-11.29% N/A
1.04% N/A
$390 N/A
87 N/A
4.10% N/A
53.39 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4529
Median household income ($/weekly) 1635
Median age of persons 41
Median housing loan repayment ($/monthly) 1750
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 534 11.8
    25-34 years 433 9.6
    35-44 years 593 13.1
    45-54 years 759 16.8
    55-64 years 681 15.0
    Others 1531 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 1872 54.8
    Not Married 1297 38.0
    Defacto Relationship 245 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2363 53.9
    Papua New Guinea 150 3.4
    South Africa 154 3.5
    United Kingdom 1116 25.4
    Other 232 5.3
    Others 373 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.1
    Christianity 2869 68.6
    Hinduism 16 0.4
    Islam 33 0.8
    No Religion 1193 28.5
    Others 23 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 120 8.6
    $1,250-$1,499 112 8.0
    $1,500-$1,999 196 14.0
    $2,000-$2,499 176 12.6
    $2,500-$2,999 163 11.6
    Others 634 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1494 41.4
    Not in the labour force 1048 29.0
    Employed, worked part-time 825 22.8
    Employed, away from work 148 4.1
    Unemployed, looking for work 98 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 283 11.5
    Professionals 544 22.0
    Technicians & trades workers 440 17.8
    Clerical & administrative workers 448 18.1
    Sales 240 9.7
    Others 516 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 59 5.3
    Infants/Primary 347 31.2
    Secondary 307 27.6
    Technical or Further Educational Institution 107 9.6
    University or other Tertiary Institutions 267 24.0
    Others 24 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4084 96.6
    Semi-detached, row or terrace house, townhouse 113 2.7
    Flat, unit or apartment 32 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 748 47.0
    Fully owned 569 35.7
    Rented 265 16.6
    Other tenure type 11 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals