Suburb Profile Report for Safety Bay WA (6169)

Safety Bay House: Median price $411,000, Annual capital growth 0.69%, Number of sales 178, Weekly median advertised rent $0

Safety Bay Unit: Median price $260,000, Annual capital growth 0.81%, Number of sales 19, Weekly median advertised rent $385

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 5.52% for the last year, Safety Bay, 6169 is the 3493th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Safety Bay,6169 has racked up an average of 5.52% over the period. This ranks it number 3962th in the whole country for real estate investors looking at median house price increases.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -0.82% offered to property buyers. Sellers in Safety Bay itself are offering an average vendor discount of 0.00% to real estate investors.

Often selling an investment property can take time, and in Safety Bay the average time real estate has been on the market is 0 days.

The WA suburb of Safety Bay, 6169 is in the Rockingham (C) local government area.

At number 1612th in the list of Australian suburbs ordered by increase in median house value over the last year, Safety Bay, 6169 is in the BOTTOM 10% with a property value increase of 0.00% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Safety Bay comes in at number 94th in WA.

LACK OF BUYER INTEREST may well be the reason that Safety Bay is offering property investors an average of -0.73. This rate of discount on properties puts Suburb at number 26th in terms of most discounted suburbs in WA

Metrics i HOUSE UNIT
$411,000 $260,000
0.00% 0.00%
5.52% 0.00%
0.69% 0.81%
$0 $385
178 19
0.00% 8.61%
0 0

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Safety Bay WA
Demographics
Total population 7395
Median household income ($/weekly) 1189
Median age of persons 43
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 852 11.5
    35-44 years 938 12.7
    45-54 years 1054 14.3
    55-64 years 1031 13.9
    65-74 years 798 10.8
    Others 2722 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 2904 52.7
    Not Married 2047 37.2
    Defacto Relationship 559 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4763 67.7
    Papua New Guinea 266 3.8
    South Africa 65 0.9
    United Kingdom 1439 20.5
    Other 156 2.2
    Others 347 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 0.8
    Christianity 4591 68.4
    Islam 26 0.4
    Other Religious Groups 38 0.6
    No Religion 1992 29.7
    Others 13 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 299 12.0
    $600-$799 259 10.4
    $800-$999 208 8.3
    $1,500-$1,999 311 12.5
    $2,500-$2,999 255 10.2
    Others 1164 46.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2289 39.4
    Employed, worked full-time 2084 35.8
    Employed, worked part-time 995 17.1
    Employed, away from work 237 4.1
    Unemployed, looking for work 210 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 494 14.9
    Technicians & trades workers 683 20.6
    Community & personal service workers 372 11.2
    Clerical & administrative workers 461 13.9
    Sales 334 10.1
    Others 971 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 84 6.1
    Infants/Primary 572 41.8
    Secondary 367 26.8
    Technical or Further Educational Institution 146 10.7
    University or other Tertiary Institutions 178 13.0
    Others 23 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6398 92.8
    Semi-detached, row or terrace house, townhouse 302 4.4
    Flat, unit or apartment 191 2.8
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1178 42.0
    Being purchased 944 33.7
    Rented 678 24.2
    Other tenure type 4 0.1
    Tenure Type
Census 2011, ABS
Chart Table