Suburb Profile Report for Broadwater WA (6280)

Broadwater House: Median price $435,000, Annual capital growth 0.93%, Number of sales 59, Weekly median advertised rent $400

Broadwater Unit: Median price $138,000, Annual capital growth 538.01%, Number of sales 15, Weekly median advertised rent N/A

  • 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

Property investors who have had real estate in Broadwater, 6280 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.33%

Broadwater,6280 has offered an average of -3.33% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Broadwater is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 173th in terms of most discounted suburbs in WA

Property investors should expect to get $400 weekly from the median priced house in this suburb.

At number 1440th in the list of Australian suburbs ordered by increase in median house value over the last year, Broadwater, 6280 is in the BOTTOM 10% with a property value increase of -20.46% recorded in median house prices.

If we look at median property appreciation over just the last three months, Broadwater has given property investors a paper return of -23.76%. This puts Suburb as 111 on a list of fastest fasting appreciating suburbs in WA

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

Metrics i HOUSE UNIT
$435,000 $138,000
0.00% -23.76%
-3.33% -20.46%
0.93% 538.01%
$400 N/A
59 15
4.78% N/A
134.775 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), Above average (U)
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Demographics
Total population 3703
Median household income ($/weekly) 980
Median age of persons 42
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 447 12.1
    25-34 years 386 10.4
    35-44 years 490 13.2
    45-54 years 429 11.6
    55-64 years 442 11.9
    Others 1509 40.8
    Age Group
    Census Count Percent(%)
    Registered Married 1401 58.2
    Not Married 749 31.1
    Defacto Relationship 256 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2807 79.6
    Papua New Guinea 70 2.0
    South Africa 37 1.0
    United Kingdom 424 12.0
    Other 59 1.7
    Others 128 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.1
    Christianity 2229 67.3
    Islam 10 0.3
    Other Religious Groups 8 0.2
    No Religion 1024 30.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 168 14.3
    $600-$799 181 15.4
    $800-$999 118 10.0
    $1,000-$1,249 106 9.0
    $1,500-$1,999 136 11.6
    Others 468 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1250 44.0
    Employed, worked full-time 887 31.2
    Employed, worked part-time 519 18.3
    Employed, away from work 105 3.7
    Unemployed, looking for work 82 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 11.8
    Professionals 204 13.5
    Technicians & trades workers 307 20.3
    Clerical & administrative workers 199 13.2
    Labourers 180 11.9
    Others 445 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 68 10.1
    Infants/Primary 287 42.5
    Secondary 190 28.1
    Technical or Further Educational Institution 79 11.7
    University or other Tertiary Institutions 28 4.1
    Others 23 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2901 91.4
    Semi-detached, row or terrace house, townhouse 158 5.0
    Flat, unit or apartment 101 3.2
    Caravan, cabin, houseboat 13 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 423 33.2
    Fully owned 391 30.7
    Rented 388 30.5
    Other tenure type 72 5.7
    Tenure Type
Census 2011, ABS
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