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Cable Beach
AREA REPORTS

Cable Beach

Cable Beach - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6726

house
unit

Homeowners and real estate investors betting on CABLE BEACH, 6726 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 20.75%.

A steady increase in median property prices over a five-year period in the suburb translates to a 30.75% capital gain.

Property investors in CABLE BEACH enjoyed capital gains of 20.75% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $640,000.

Profits due to an upward trend in home prices there averaged 10.25% per annum over a 3-year period.

Home owners selling their properties and realtors in CABLE BEACH usually have to wait an average of 61.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 6.09% increase in returns based on the current median price in CABLE BEACH.

CABLE BEACH, 6726 places 222nd in Australia based on median property value growth during the quarter.

Data report can be found below

Cable Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 $315,000
GROWTH REPORT
Median Quarterly 3.23% 18.87%
Median 12 month 20.75% N/A
Median 3 years 30.75% 7.69%
Median 5 years 36.17% 11.5%
10 years average annual -0.04% 5.89%
Weekly media advert. rent $750 $470
Time on Market 61.6 days 64.5 days
Gross Rental Yield Percent 6.09% 7.76%
demographics (median values)*
Total Population
5436
Weekly Household Income
1944
Household Size
2.60
Age
34
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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