Halls Head

POSTAL CODE: WA, 6210

HOUSE

UNIT

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 $827,000.

The upward trend in home prices in HALLS HEAD, 6210 averaged 19.68% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.09% increase in returns based on the current median price in HALLS HEAD.

An average of 30.92 real estate transactions take place per month in HALLS HEAD which translates to 371 per annum.

371 properties were sold in HALLS HEAD in 2016, making it the 201st most active market in WA based on total real estate transactions.

HALLS HEAD, 6210 places 276th in Australia based on median property value growth during the quarter.

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 $585,000.

Average median unit prices in WA have risen as a whole, pulling HALLS HEAD, 6210 values up and netting property investors a capital gain of 15.84% for the past year.

Investors saw the median home price rise to $585,000.

The upward trend in home prices in HALLS HEAD, 6210 averaged 25.76% per annum over a 3-year period.

HALLS HEAD now ranks at the 20th place on a list of fastest growing suburbs in the territory.

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

Real estate investors could earn a rental income of $550 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 HALLS HEAD, homes and units usually stay on listing for an average of 34.7 days.

37 properties were sold in HALLS HEAD in 2016, making it the 54th most active market in WA based on total real estate transactions.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$827,000	$585,000
Growth Report
Median Quarterly	3.38%	9.86%
Median 12 month	11.83%	15.84%
Median 3 years	59.04%	77.27%
Median 5 years	96.9%	134%
10 years average annual	6.66%	7.95%
Weekly media advert. rent	$650	$550
Time on Market	34.6 days	34.7 days
Gross Rental Yield Percent	4.09%	4.89%

Demographics (Median Values)*

Total Population 68316

Weekly Household Income 1127

Household Size 2.40

Average Age 44

Monthly Loan Repayment 1777

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

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