Suburb Profile Report for Broadwater WA (6280)

Broadwater House: Median price $458,750, Annual capital growth 1.45%, Number of sales 72, Weekly median advertised rent $390

Broadwater Unit: Median price $171,500, Annual capital growth 800.15%, Number of sales 19, Weekly median advertised rent $345

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Broadwater is in the TOP 20% in WA when comparing median price capital growth over the last year. Broadwater gave property investors a very good capital gain figure when compared to the rest of the state, with 6.69%.

Across a shorter period, Broadwater, 6280 has seen a median price increase of 5.46% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Broadwater is offering property investors an average of -8.43. This rate of discount on properties puts Suburb at number 212th in terms of most discounted suburbs in WA

Broadwater is 225th on a list of best yielding suburbs for rents in WA with a 4.42% return

If you compare the increase in value of investment property in Broadwater, 6280 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.00%.

Taking the average capital gain, or increase in median house value, Broadwater,6280 has racked up an average of -2.00% over the period. This ranks it number 1300th in the whole country for real estate investors looking at median house price increases.

Broadwater, 6280’s gross rental yield is 10.46%

Metrics i HOUSE UNIT
$458,750 $171,500
5.46% 4.57%
6.69% -2.00%
1.45% 800.15%
$390 $345
72 19
4.42% 10.46%
131.52 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (U), Balanced (H)
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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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