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Withers, WA 6230

Home » WA Real Estate Data » City of Bunbury, WA » Withers, WA 6230

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Withers, WA 6230 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Withers, WA 6230”

  1. The total adult population (15 years or older) of Withers 6230 WA is 2,442, with a median age of 39. Of those, 32.27% are married, 19.04% are divorced or separated, 43.61% are single and 5.12% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,024. The median monthly mortgage repayment for households in this suburb is $1,300 which is 25.88% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Western Australia, the suburb of Withers 6230 is home to an estimated 1,699 households. As we head into the final quarter of 2023, interesting trends have emerged in the housing market of Withers.

    Houses are presently selling at an average price of approximately $311,300 and command a median weekly rent of $385. This results in an attractive indicative yield of 6.43%, significantly above the minimum requirement of 3% for cashflow-focused investments. This strong yield indicates that Withers 6230 could offer an intriguing opportunity for property investors seeking positive cashflow.

    In terms of socio-economic metrics, Withers has recorded an IRSAD score of 803 out of a possible 1,217. This shows a moderate economic prowess with a reasonable income level and access to resources.

    Renters make up 44% of residents in the suburb, which is on the higher side of the scale showing a sizable rental market. However, being close to the 45% limit of renter population usually deemed suitable for property investment, signals investors to monitor this metric closely.

    The suburb has a low units-to-houses ratio of only 16%, highlighting a strong prevalence of houses over units. This low ratio is often viewed favourably as it can drive better rental yield by reducing competition among landlords for tenants.

    On the affordability index, Withers records a score of 24 years, indicating a high level of affordability among residents and potentially encouraging long term tenancy.

    Supply metrics show a stock on market Percentage of 0.5% for houses, which falls within a neutral range. The inventory level hovers around 1.22 months, indicating a relatively quick absorption of new listings into the market, suggesting favourable conditions.

    The building approvals Ratio is 0.66%, showing a modest increase in new dwelling stock – something investors would keep an eye on to avoid an oversupply situation.

    Houses spend an average of 52 days on the market, and the vacancy rate is at a favourable 1.34%, indicating a more or less balanced demand.

    Lastly, the buy search index registering at 5, corresponding with the WA average, suggesting a stable and continuous demand for properties in Withers 6230.

    While these promising statistics depict Withers as an attractive location, careful, ongoing analysis of both current and trend data remains critical to making advantageous investment decisions in the housing market. Especially since HtAG’s Relative Composite Score (RCS) allows for a holistic research approach by incorporating over 80 metrics, providing investors with comprehensive insights.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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