Fraud Blocker

Attadale, WA 6156

Home » WA Real Estate Data » City of Melville, WA » Attadale, WA 6156

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 Attadale, WA 6156 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 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Attadale, WA 6156”

  1. The total adult population (15 years or older) of Attadale 6156 WA is 5,371, with a median age of 43. Of those, 56.49% are married, 8.68% are divorced or separated, 30.42% are single and 4.54% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $13,304. The median monthly mortgage repayment for households in this suburb is $2,600 which is 19.54% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Attadale, postcode 6156, located in Western Australia, boasts an estimated 2,939 households. As we navigate through the third quarter of 2023, we find that the typical house price in this picturesque suburb stands at roughly $1,513,620. This price aligns with a median weekly rent amounting to $669, generating an indicative yield of 2.3%. This yield falls a tad below the 3% mark that cashflow-centred property investors often seek.

    Attadale holds a noteworthy IRSAD score of 1119 out of 1217, painting a picture of a robust socio-economic milieu demonstrated through high income levels and access to economic resources. Here, homeowners dominate the housing scene with an 18% renter to owner ratio, creating less competition for property investors and a community appeal that might be more suited to families and long-term inhabitants.

    Moreover, the unit to house ratio is a favourable 8%, which indicates an attractive market balance. This lower ratio reduces the oversaturation of units in the market, potentially leading to less rivalry among landlords hunting for tenants.

    On the downside, the suburb’s affordability index sits at 45 years. This signifies a lengthier duration required for homeowners to wholly possess their property, which could dampen the market’s appeal due to decreased affordability.

    In terms of supply metrics, Attadale presents a stock on market percentage of 0.67% for houses, qualifying as a neutral range. Correspondingly, the inventory level stands at an encouraging 1.89 months, illustrating an effective absorption rate of new listings.

    On the other hand, the building approvals Ratio points to a neutral supply of new dwelling stock with 1.06% for houses, suggesting a somewhat balanced market.

    With houses staying on the market for an average of 142 days, the demand appears low. However, a relatively low vacancy rate of 1.9% could indicate a reasonably high demand, as rental properties are more easily filled.

    Interestingly, the buy search index for houses hits a high demand rate of 6, indicating keen interest among prospective buyers – potentially a promising sign for investors eyeing properties in this area.

    Although some numbers extend into less favourable ranges, remember that trends and majority metrics contribute significantly to market attractiveness. Employing tools like HtAG Analytics’ Relative Composite Score can offer comprehensive insights into the local market, enabling savvy investment choices.

    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.

Leave a comment