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Lockridge
AREA REPORTS

Lockridge

Lockridge - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6054

house

A 24.04% increase in median property prices in LOCKRIDGE, 6054 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 86th.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $322,500

The augmented property values in the suburb are trailing above the territorial average of 14.43% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $360.

Home owners selling their properties and realtors in LOCKRIDGE usually have to wait an average of 28.7 days days before their assets are lifted off the market.

The WA suburb ranks 66th on the list of best yielding suburbs for rental properties in WA, posting a 5.8% return.

It also places places 281st in Australia based on median property value growth during the quarter.

Data report can be found below

Lockridge
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $322,500 N/A
GROWTH REPORT
Median Quarterly 2.38% N/A
Median 12 month 24.04% N/A
Median 3 years 10.07% N/A
Median 5 years -7.86% N/A
10 years average annual 1.11% N/A
Weekly media advert. rent $360 N/A
Time on Market 28.7 days N/A
Gross Rental Yield Percent 5.8% N/A
demographics (median values)*
Total Population
20378
Weekly Household Income
1415
Household Size
2.50
Age
38
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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