Suburb Profile Report for Armadale WA (6112)

Armadale House: Median price $255,000, Annual capital growth -0.29%, Number of sales 239, Weekly median advertised rent $300

Armadale Unit: Median price $187,500, Annual capital growth -2.09%, Number of sales 52, Weekly median advertised rent $270

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Armadale is in the TOP 10% in WA when comparing median price capital growth over the last year. Armadale gave property investors a very good capital gain figure when compared to the rest of the state, with 27.50%.

Comparing Armadale,6112 ‘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 Armadale should be aiming for at least -4.73% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Armadale have been waiting around 42.7674 days to sell a property.

WA has seen average median house prices change by 7.87% which means that Armadale, 6112 has done well for property investors by showing a capital gain of 25.00% over the last year

Armadale,6112 has offered an average of 25.00% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Armadale is giving property investors an average Vendor Discount of around -6.97%. This puts suburb at number 7th in WA when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Armadale the average time real estate has been on the market is 55.1538 days.

Property investors should expect to get $270 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$255,000 $187,500
6.25% 7.14%
27.50% 25.00%
-0.29% -2.09%
$300 $270
239 52
6.12% 7.49%
42.7674418604651 55.1538461538462

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (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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