Suburb Profile Report for Abbey WA (6280)

Abbey House: Median price $518,000, Annual capital growth 3.68%, Number of sales 24, Weekly median advertised rent $420

  • 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

Abbey is in the bottom 30% in WA when comparing median price capital growth over the last year. Abbey gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.91%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Abbey has fallen somewhat when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -7.58% to buyers in Abbey at the moment, which is less than average for the rest of WA.

Residents and property investors in Abbey have been waiting around 106.381 days to sell a property.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.68%, investors should hope to achieve an overall return of 4.22%

Metrics i HOUSE UNIT
$518,000 N/A
2.07% N/A
-7.91% N/A
3.68% N/A
$420 N/A
24 N/A
4.22% N/A
106.380952380952 N/A

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 1024
Median household income ($/weekly) 1134
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 148 14.5
    25-34 years 116 11.3
    35-44 years 130 12.7
    45-54 years 166 16.2
    55-64 years 123 12.0
    Others 340 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 380 54.6
    Not Married 221 31.8
    Defacto Relationship 95 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 809 82.5
    Papua New Guinea 38 3.9
    South Africa 14 1.4
    United Kingdom 66 6.7
    Other 26 2.7
    Others 28 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 607 65.6
    No Religion 286 30.9
    Buddhism 17 1.8
    Other Religious Groups 8 0.9
    Islam 7 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 30 9.5
    $600-$799 40 12.7
    $800-$999 37 11.7
    $1,250-$1,499 27 8.5
    $2,500-$2,999 28 8.9
    Others 154 48.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 283 37.1
    Not in the labour force 249 32.6
    Employed, worked part-time 178 23.3
    Employed, away from work 36 4.7
    Unemployed, looking for work 17 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 15.8
    Professionals 68 13.6
    Technicians & trades workers 96 19.2
    Community & personal service workers 59 11.8
    Labourers 73 14.6
    Others 124 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 18 8.0
    Infants/Primary 94 42.0
    Secondary 65 29.0
    Technical or Further Educational Institution 31 13.8
    University or other Tertiary Institutions 10 4.5
    Others 6 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 877 96.2
    Flat, unit or apartment 32 3.5
    Caravan, cabin, houseboat 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 128 35.6
    Being purchased 118 32.8
    Fully owned 114 31.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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