Attadale

POSTAL CODE: WA, 6156

HOUSE

UNIT

Property investors have seen a 4.11% gain in ATTADALE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains ATTADALE, 6156 saw average growth in the long term.

The WA 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 $1,900,000

Profits averaged 9% per annum over a 3-year period, due to an upward trend in home prices in ATTADALE, 6156.

This means, real estate investors could earn a rental income of $1050 based on current median home prices for the suburb.

The gross rental yield in ATTADALE, 6156 is 2.87%.

An average of 9.08 real estate transactions take place per month in ATTADALE which translates to 109 per annum.

Property investments in ATTADALE fare well against the rest of the country last year, registering a median home price increase of 24.59%.

Figures from the previous quarter show that capital gains for real estate buyers in ATTADALE are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains ATTADALE, 6156 saw average growth in the long term.

This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In ATTADALE, homes and units usually stay on listing for an average of 24 days.

the WA 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 $760,000

Investors saw the median home price rise to $760,000.

ATTADALE ranks 122nd on the list of best yielding suburbs for rental properties in WA, posting a 4.79% return.

Surburb overview

Attadale is a riverside suburb in Melville, approximately 9 kilometres southwest of Perth's central business district. The area encompasses residential zones along the southern bank of the Swan River.

As of the 2021 Census, Attadale had a population of 6,638 residents living in 2,636 dwellings, with an average household size of 2.61 people.

Several Transperth bus routes, including the 111, 148, 158, and 910, provide public transportation in Attadale. These routes connect Perth CBD, Fremantle, and the surrounding suburbs.

Essential services in the suburb include educational institutions such as Attadale Primary School, Santa Maria College, and Mel Maria Catholic Primary School. Healthcare facilities are available at Attadale Medical Group and Attadale Private Hospital, located on Hislop Road.

Attadale's recreational amenities include several parks and reserves. Attadale Reserve runs along the Swan River foreshore, offering views and a large dog-walking area. Davis Lawlor Park is a small pocket park with informal play and seating spaces adjacent to cafes and shops. The Attadale Conservation Area provides trails suitable for walking and running.

Attadale's combination of riverside location, access to public transport, educational institutions, healthcare facilities, and recreational spaces contributes to its residential appeal.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,900,000	$760,000
Growth Report
Median Quarterly	4.11%	12.59%
Median 12 month	5.56%	24.59%
Median 3 years	27.52%	50.5%
Median 5 years	65.22%	46.86%
10 years average annual	6.34%	4.8%
Weekly media advert. rent	$1,050	$700
Time on Market	34.9 days	24 days
Gross Rental Yield Percent	2.87%	4.79%

Demographics (Median Values)*

Total Population 16897

Weekly Household Income 1795

Household Size 2.60

Average Age 39

Monthly Loan Repayment 2200

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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