Silver Sands

POSTAL CODE: WA, 6210

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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $858,000.

The upward trend in home prices in SILVER SANDS, 6210 averaged 19.14% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 3.52% increase in returns based on the current median price in SILVER SANDS.

An average of 3.92 real estate transactions take place per month in SILVER SANDS which translates to 47 per annum.

47 properties were sold in SILVER SANDS in 2016, making it the 162nd most active market in WA based on total real estate transactions.

SILVER SANDS, 6210 places 213th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$858,000	N/A
Growth Report
Median Quarterly	5.93%	N/A
Median 12 month	16.73%	N/A
Median 3 years	57.43%	N/A
Median 5 years	120%	N/A
10 years average annual	7.52%	N/A
Weekly media advert. rent	$580	N/A
Time on Market	24.3 days	N/A
Gross Rental Yield Percent	3.52%	N/A

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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