WA/
Broadwater

Suburb Profile

Broadwater - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6280

house
unit

Property investments in BROADWATER fare well against the rest of the country last year, registering a median home price increase of -3.78%.

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

Based on its average 5-year and quarterly capital gains BROADWATER, 6280 saw average growth in the long term.

Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 93.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $445,000.

BROADWATER ranks 159th on the list of best yielding suburbs for rental properties in WA, posting a 4.44% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $445,000 $305,000
GROWTH REPORT
Median Quarterly -1.11% 7.02%
Median 12 month -3.78% N/A
Median 3 years -2.2% 22%
Median 5 years 7.23% -11.08%
10 years average annual 0.2% 9.43%
Weekly media advert. rent $380 $360
Time on Market 93.1 days 0.0 days
Gross Rental Yield Percent 4.44% 6.14%
demographics (median values)
Total Population
2949
Weekly Household Income
870.3
Household Size
2.40
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