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Shoalwater, WA 6169

Home » WA Real Estate Data » City of Rockingham, WA » Shoalwater, WA 6169

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 Shoalwater, WA 6169 located in Perth 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.

Buy 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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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 “Shoalwater, WA 6169”

  1. The total adult population (15 years or older) of Shoalwater 6169 WA is 3,744, with a median age of 49. Of those, 42.41% are married, 17.23% are divorced or separated, 31.49% are single and 8.79% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $7,584. The median monthly mortgage repayment for households in this suburb is $1,668 which is 21.99% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque suburb of Shoalwater, with postal code 6169, is neatly tucked within the vast expanses of Western Australia. Housing an estimated 2,479 households, it’s an enticing destination for the smart property investor or keen homebuyer. As we breach the division of the third quarter in 2023, the property market on the local front has been teeming with activity.

    Real estate data points to typical prices for houses in Shoalwater sitting at a moderate $692,871. The local rental picture presents median weekly rates of $430. This combination, in turn, yields an indicative return of 3.23%, situating the investment attractiveness of Shoalwater firmly on the radar of cashflow-centered property investors.

    Equally important is the socio-economic fabric of the suburb, denoted by an IRSAD score of 951 out of 1217. This indicates a satisfactory level of access to economic resources, educational qualifications and occupations norms.

    Shoalwater’s renter to owner ratio and units to houses ratio speak to the favourable residential composition of the area. With respective values of 20% and 22%, these statistics indicate a balanced real estate market, with a healthy blend of occupiers and renters, as well as a promising ratio of houses versus units.

    However, it’s worth noting that the area’s affordability index rests at a comparatively higher level, marked at 36 years. While this may signal more prolonged home ownership timelines, this doesn’t necessarily cloud the investment validity of Shoalwater.

    In the realm of supply metrics, the stock on market Precentage for houses showcases a favourable low supply, at just 0.3%. This is joined by an inventory level for houses that is pegged at 0.73 months, also indicating low supply conditions. The building approvals Ratio for houses is comfortably low, at 0.24%.

    Switching to the demand picture, the days on market for houses averages at 45 days – indicating a somewhat neutral demand. The neighbourhood’s Vacancy Rate, an amalgamation of data for both houses and units, is low at 1.01%, ostensible evidence of adequate demand. Additionally, the buy search index for houses aligns with the state/city average at 5.

    When it comes to navigating such a complex market, being armed with the right insights is indispensable. The overarching Relative Composite Score (RCS) metric, produced by HtAG Analytics, is an efficient tool that incorporates these dynamics and over 80 metrics. So, whether you are an investor or a property seeker, stay informed and make decisions wise to potential market evolutions.

    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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