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Langford
AREA REPORTS

Langford

Langford - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6147

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $325,000.

The downward trend in home prices in LANGFORD, 6147 averaged -2.02% per annum over a 3-year period.

Average weekly rents on listings have reached the $320 mark, reflecting a 5.12% increase in returns based on the current median price in LANGFORD.

An average of 5.25 real estate transactions take place per month in LANGFORD which translates to 63 per annum.

63 properties were sold in LANGFORD in 2016, making it the 102nd most active market in WA based on total real estate transactions.

LANGFORD, 6147 places 251st in Australia based on median property value growth during the quarter.

Data report can be found below

Langford
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $325,000 N/A
GROWTH REPORT
Median Quarterly 1.56% N/A
Median 12 month 4.84% N/A
Median 3 years -6.07% N/A
Median 5 years -24.42% N/A
10 years average annual -0.28% N/A
Weekly media advert. rent $320 N/A
Time on Market 59.5 days N/A
Gross Rental Yield Percent 5.12% N/A
demographics (median values)*
Total Population
15138
Weekly Household Income
1352
Household Size
2.70
Age
35
Monthly Loan Repayment
1700
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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