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Salter Point
AREA REPORTS

Salter Point

Salter Point - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6152

house

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

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,550,000.

The upward trend in home prices in SALTER POINT, 6152 averaged 16.83% per annum over a 3-year period.

Average weekly rents on listings have reached the $750 mark, reflecting a 2.52% increase in returns based on the current median price in SALTER POINT.

An average of 3.08 real estate transactions take place per month in SALTER POINT which translates to 37 per annum.

37 properties were sold in SALTER POINT in 2016, making it the 180th most active market in WA based on total real estate transactions.

SALTER POINT, 6152 places 28th in Australia based on median property value growth during the quarter.

Data report can be found below

Salter Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,550,000 N/A
GROWTH REPORT
Median Quarterly 11.51% N/A
Median 12 month 30.25% N/A
Median 3 years 50.49% N/A
Median 5 years 55.78% N/A
10 years average annual 5.56% N/A
Weekly media advert. rent $750 N/A
Time on Market 53.7 days N/A
Gross Rental Yield Percent 2.52% N/A
demographics (median values)*
Total Population
25463
Weekly Household Income
1662
Household Size
2.30
Age
36
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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