Suburb Profile Report for Bellevue WA (6056)

Bellevue House: Median price $290,000, Annual capital growth -1.12%, Number of sales 23, Weekly median advertised rent $300

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

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

  • House Report

Property value increases in Bellevue have tracked lower than the WA average of -2.18% over the last 12 months.

Taking the average capital gain, or increase in median house value, Bellevue,6056 has racked up an average of -15.64% over the period. This ranks it number 4009th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Bellevue should be aiming for at least -10.78% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 23 properties changed hands in Bellevue, which puts it as the 340th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of -1.12%, investors should hope to achieve an overall return of 5.38%

Metrics i HOUSE UNIT
$290,000 N/A
-6.83% N/A
-15.64% N/A
-1.12% N/A
$300 N/A
23 N/A
5.38% N/A
85.8666666666667 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 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 1451
Median household income ($/weekly) 1104
Median age of persons 36
Median housing loan repayment ($/monthly) 1680
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 141 9.7
    25-34 years 259 17.8
    35-44 years 190 13.1
    45-54 years 200 13.8
    55-64 years 201 13.8
    Others 461 31.7
    Age Group
    Census Count Percent(%)
    Not Married 488 47.0
    Registered Married 375 36.1
    Defacto Relationship 175 16.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 977 76.4
    Papua New Guinea 52 4.1
    Philippines 20 1.6
    United Kingdom 107 8.4
    Other 39 3.0
    Others 84 6.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 1.1
    Christianity 757 61.7
    Hinduism 7 0.6
    Islam 8 0.7
    No Religion 437 35.6
    Others 4 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 55 11.4
    $600-$799 53 11.0
    $1,000-$1,249 55 11.4
    $1,500-$1,999 81 16.8
    $2,000-$2,499 44 9.1
    Others 195 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 449 41.5
    Not in the labour force 324 30.0
    Employed, worked part-time 211 19.5
    Employed, away from work 55 5.1
    Unemployed, looking for work 42 3.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 152 21.1
    Community & personal service workers 86 12.0
    Clerical & administrative workers 101 14.0
    Machinery operators & drivers 82 11.4
    Labourers 92 12.8
    Others 206 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 15 6.0
    Infants/Primary 91 36.3
    Secondary 70 27.9
    Technical or Further Educational Institution 25 10.0
    University or other Tertiary Institutions 36 14.3
    Others 14 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1239 96.3
    Semi-detached, row or terrace house, townhouse 47 3.7
    Flat, unit or apartment 0 0.0
    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 250 46.5
    Fully owned 162 30.1
    Rented 123 22.9
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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