Suburb Profile Report for Armadale WA (6112)

Armadale House: Median price $218,000, Annual capital growth -1.77%, Number of sales 159, Weekly median advertised rent $260

Armadale Unit: Median price $163,250, Annual capital growth -4.68%, Number of sales 20, Weekly median advertised rent $245

  • 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.

  • House Report
  • Unit Report

At number 3240th in the list of Australian suburbs ordered by increase in median house value over the last year, Armadale, 6112 is in the BOTTOM 30% with a property value increase of -8.98% recorded in median house prices.

Armadale,6112 was ranked 2447 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Armadale is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 24th in terms of most discounted suburbs in WA

A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.20%, without taking into account capital value appreciation, which has been averaging out at -1.77%.

Over the last year, property investments in Armadale, 6112 have given investors a capital gain of -25.80%. This compares very badly with the -6.57% for WA as a whole.

Over the longer term, Armadale has seen property prices show investors a -32.68% return over the last 3 years. This is an improvement over the last 12 months

Armadale6112 is located in WA which offers an average discount of -9.70% to property investors. Armadale itself is showing figures that indicate -12.29% is the average achievable by property buyers investing in the suburb.

At number 844 in a list of fastest selling suburbs, Armadale is in the bottom 40% of suburbs in Australia with an average of days on market 88.3478 for properties listed there.

Property investors should expect to get $245 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$218,000 $163,250
-0.91% -10.06%
-8.98% -25.80%
-1.77% -4.68%
$260 $245
159 20
6.20% 7.80%
102.496 88.3478260869565

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 : 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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