West Beach

POSTAL CODE: WA, 6450

HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 28.57% capital gain.

It 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 $720,000

The augmented property values in the suburb are trailing above the territorial average of 18.81% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of N/A.

Home owners selling their properties and realtors in WEST BEACH usually have to wait an average of 88.7 days days before their assets are lifted off the market.

The WA suburb ranks 486th on the list of best yielding suburbs for rental properties in WA, posting a N/A return.

It also places places 87th 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	$720,000	N/A
Growth Report
Median Quarterly	8.68%	N/A
Median 12 month	26.32%	N/A
Median 3 years	28.57%	N/A
Median 5 years	53.19%	N/A
10 years average annual	4.82%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	88.7 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 13397

Weekly Household Income 1349

Household Size 2.50

Average Age 40

Monthly Loan Repayment 1721

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

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