Suburb Profile Report for Armadale WA (6112)

Armadale House: Median price $250,000, Annual capital growth -1.30%, Number of sales 169, Weekly median advertised rent $250

Armadale Unit: Median price $205,000, Annual capital growth -0.09%, Number of sales 25, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

Armadale is in the bottom 20% in WA when comparing median price capital growth over the last year. Armadale gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.35%.

When looking at the potential capital gains offered to property investors over the last 3 years, Armadale comes in at number 394th in WA.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Armadale, 6112. Typically our figures indicate that -11.35% is being offered, which puts this WA suburb at 159th most discounted overall in Australia.

Residents and property investors in Armadale have been waiting around 103.07 days to sell a property.

Armadale has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -9.89% to date .

Taking the average capital gain, or increase in median house value, Armadale,6112 has racked up an average of -9.89% over the period. This ranks it number 1706th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Armadale should be aiming for at least -9.85% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.

Advertised rents are around the $220 mark per week – giving a return of 5.58% based on the median price in Suburb

Metrics i HOUSE UNIT
$250,000 $205,000
-0.40% -10.87%
-11.35% -9.89%
-1.30% -0.09%
$250 $220
169 25
5.20% 5.58%
103.07 119.88

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 12853
Median household income ($/weekly) 889
Median age of persons 35
Median housing loan repayment ($/monthly) 1467
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1542 12.0
    25-34 years 1824 14.2
    35-44 years 1493 11.6
    45-54 years 1516 11.8
    55-64 years 1475 11.5
    Others 5003 38.9
    Age Group
    Census Count Percent(%)
    Not Married 4631 51.1
    Registered Married 3265 36.0
    Defacto Relationship 1163 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 8079 69.1
    New Zealand 195 1.7
    Papua New Guinea 517 4.4
    United Kingdom 1607 13.7
    Other 408 3.5
    Others 886 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 156 1.4
    Christianity 6942 62.9
    Islam 127 1.2
    Other Religious Groups 119 1.1
    No Religion 3611 32.7
    Others 75 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 528 11.8
    $400-$599 622 14.0
    $600-$799 532 11.9
    $800-$999 509 11.4
    $1,500-$1,999 487 10.9
    Others 1780 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3936 41.8
    Employed, worked full-time 3202 34.0
    Employed, worked part-time 1374 14.6
    Unemployed, looking for work 494 5.3
    Employed, away from work 400 4.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 915 18.4
    Community & personal service workers 547 11.0
    Clerical & administrative workers 658 13.2
    Machinery operators & drivers 747 15.0
    Labourers 773 15.5
    Others 1339 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 223 10.0
    Infants/Primary 919 41.0
    Secondary 501 22.4
    Technical or Further Educational Institution 271 12.1
    University or other Tertiary Institutions 232 10.4
    Others 95 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9482 81.5
    Flat, unit or apartment 1084 9.3
    Semi-detached, row or terrace house, townhouse 1075 9.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1882 38.6
    Being purchased 1652 33.9
    Fully owned 1230 25.2
    Other tenure type 116 2.4
    Tenure Type
Census 2011, ABS
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