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Port Denison
AREA REPORTS

Port Denison

Port Denison - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6525

house
unit

PORT DENISON, 6525 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 $315,000.

Profits due to an upward trend in home prices in the suburb averaged 1.67% per annum over a 3-year period.

PORT DENISON now ranks at the 466th 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 PORT DENISON are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $342.5 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In PORT DENISON, homes and units usually stay on listing for an average of 125.5 days.

In 2016, 47 properties were sold in PORT DENISON during the past year, making it the 135th most active market in WA based on total real estate transactions.

Data report can be found below

Port Denison
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $315,000 $189,000
GROWTH REPORT
Median Quarterly -3.67% N/A
Median 12 month -10% N/A
Median 3 years 5% N/A
Median 5 years 0% N/A
10 years average annual 0.23% N/A
Weekly media advert. rent $342.5 N/A
Time on Market 125.5 days 0.0 days
Gross Rental Yield Percent 5.65% N/A
demographics (median values)*
Total Population
3569
Weekly Household Income
1085
Household Size
2.30
Age
49
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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