Suburb Profile Report for Pegs Creek WA (6714)

Pegs Creek House: Median price $355,000, Annual capital growth -4.68%, Number of sales 44, Weekly median advertised rent $450

Pegs Creek Unit: Median price $195,000, Annual capital growth 10.70%, Number of sales 23, Weekly median advertised rent $465

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

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

  • House Report
  • Unit Report

Investment property in Pegs Creek has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.41%

Across a shorter period, Pegs Creek, 6714 has seen a median price increase of 6.85% over the last quarter.

Property investors looking for a bargain in Pegs Creek should be aiming for at least -5.50% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

Giving property investors a a solid capital gain of 30.00% for the last year, Pegs Creek, 6714 is the 31th highest performer in Australia in this respect.

Pegs Creek,6714 has offered an average of 30.00% return per annum in house price rises to property investors over the last three years.

A $465 per week rent on the median house gives suburb investors a gross yield of circa 12.40%, without taking into account capital value appreciation, which has been averaging out at 10.70%.

Metrics i HOUSE UNIT
$355,000 $195,000
6.85% -0.13%
22.41% 30.00%
-4.68% 10.70%
$450 $465
44 23
6.59% 12.40%
58.3589743589744 N/A

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

DSR Score for property investment : Good (H), Balanced (U)
Find a mortgage broker in Pegs Creek WA
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
Chart Table