Suburb Profile Report for Pegs Creek WA (6714)

Pegs Creek House: Median price $345,000, Annual capital growth -4.41%, Number of sales 46, Weekly median advertised rent $405

Pegs Creek Unit: Median price $195,000, Annual capital growth 10.02%, Number of sales 22, Weekly median advertised rent $465

  • 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

With a capital gain of 26.61% for the last 12 months, Pegs Creek, 6714 has performed for property investments than its average annual -4.41% property growth over the last 5 years.

Over the longer term, Pegs Creek has seen property prices show investors a 28.97% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pegs Creek, 6714. Typically our figures indicate that -6.43% is being offered, which puts this WA suburb at 1782th most discounted overall in Australia.

In the last year 46 properties changed hands in Pegs Creek, which puts it as the 234th most active market in WA when comparing the number of sales per suburb.

Using the current median advertised rental of $405 and the average annual increase in value of a median property of -4.41%, investors should hope to achieve an overall return of 6.10%

At number 25th in the list of Australian suburbs ordered by increase in median house value over the last year, Pegs Creek, 6714 is in the top 10% with a property value increase of 30.00% recorded in median house prices.

Across a shorter period, Pegs Creek, 6714 has seen a median price increase of -1.02% over the last quarter.

Pegs Creek is 4th on a list of best yielding suburbs for rents in WA with a 12.40% return

Metrics i HOUSE UNIT
$345,000 $195,000
9.52% -1.02%
26.61% 30.00%
-4.41% 10.02%
$405 $465
46 22
6.10% 12.40%
56 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 : Good (H), Above average (U)
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Demographics
Total population 1879
Median household income ($/weekly) 2826
Median age of persons 32
Median housing loan repayment ($/monthly) 2817
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 156 8.3
    5-14 years 227 12.1
    25-34 years 411 21.9
    35-44 years 330 17.6
    45-54 years 314 16.7
    Others 439 23.4
    Age Group
    Census Count Percent(%)
    Registered Married 469 42.8
    Not Married 405 37.0
    Defacto Relationship 222 20.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1128 76.0
    Papua New Guinea 95 6.4
    Philippines 57 3.8
    United Kingdom 87 5.9
    Other 25 1.7
    Others 92 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 2.2
    Christianity 885 63.4
    Islam 8 0.6
    Other Religious Groups 8 0.6
    No Religion 460 32.9
    Others 5 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $2,000-$2,499 39 8.8
    $2,500-$2,999 94 21.3
    $3,000-$3,499 53 12.0
    $3,500 -$3,999 49 11.1
    $4,000 or more 90 20.4
    Others 117 26.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 767 63.8
    Not in the labour force 172 14.3
    Employed, worked part-time 145 12.1
    Employed, away from work 88 7.3
    Unemployed, looking for work 31 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 112 11.2
    Professionals 144 14.5
    Technicians & trades workers 234 23.5
    Clerical & administrative workers 149 15.0
    Machinery operators & drivers 109 10.9
    Others 248 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 24 8.5
    Infants/Primary 121 42.9
    Secondary 69 24.5
    Technical or Further Educational Institution 38 13.5
    University or other Tertiary Institutions 20 7.1
    Others 10 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1105 75.9
    Semi-detached, row or terrace house, townhouse 350 24.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 358 72.6
    Being purchased 88 17.8
    Fully owned 37 7.5
    Other tenure type 10 2.0
    Tenure Type
Census 2011, ABS
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