Suburb Profile Report for Pegs Creek WA (6714)

Pegs Creek House: Median price $291,000, Annual capital growth -6.65%, Number of sales 50, Weekly median advertised rent $380

Pegs Creek Unit: Median price $150,000, Annual capital growth -0.20%, Number of sales 18, Weekly median advertised rent $450

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

Over the last year, property investments in Pegs Creek, 6714 have given investors a capital gain of 16.40%. This compares very favourably with the -2.15% for WA as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Pegs Creek comes in at number 422th in WA.

Vendor discounting in Pegs Creek is giving property investors an average Vendor Discount of around -4.20%. This puts suburb at number 441th in WA when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Pegs Creek the average time real estate has been on the market is 54.7 days.

Renters in Suburb are facing rents around $19760 per annum or $380 every week.

WA has seen average median house prices change by -5.81% which means that Pegs Creek, 6714 has not done well for property investors by showing a capital gain of -25.00% over the last year

Across a shorter period, Pegs Creek, 6714 has seen a median price increase of -26.83% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Pegs Creek is offering property investors an average of -8.54. This rate of discount on properties puts Suburb at number 112th in terms of most discounted suburbs in WA

At number 920 in a list of fastest selling suburbs, Pegs Creek is just in the bottom half of suburbs in Australia with an average of days on market 79.2 for properties listed there.

Renters in Suburb are facing rents around $23400 per annum or $450 every week.

Metrics i HOUSE UNIT
$291,000 $150,000
11.92% -26.83%
16.40% -25.00%
-6.65% -0.20%
$380 $450
50 18
6.79% 15.60%
54.7 79.2

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

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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