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Victoria Park, WA 6100

Home » WA Real Estate Data » Town of Victoria Park, WA » Victoria Park, WA 6100

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 Victoria Park, WA 6100 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

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Yield 

1BR

2BR

3BR

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 “Victoria Park, WA 6100”

  1. The total adult population (15 years or older) of Victoria Park 6100 WA is 8,102, with a median age of 35. Of those, 39.18% are married, 13.03% are divorced or separated, 45.31% are single and 2.46% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $9,652. The median monthly mortgage repayment for households in this suburb is $1,946 which is 20.16% of their earnings.

    Source: ABS Census Data (2021)

  2. The charming suburb of Victoria Park, postcode 6100, situates itself comfortably within Western Australia and houses an approximate number of 5560 households. According to the Q3 2023 statistics, the typical price point for housing in Victoria Park stands at an attractive $859,989. Consequently, the median weekly rent falls at a satisfying $560, which in turn projects an indicative yield of 3.39%.

    The socio-economic strength of Victoria Park, as assessed by its IRSAD score of 1055, implies a robust socio-economic condition, with commendable access to economic resources and a healthy level of income. This score falls conveniently close to the maximum limit of 1217, shedding a positive light on the financial status of its inhabitants.

    In this location, the renter to owner ratio presents itself at an impactful 53%, a bit higher than preferred, indicating a fairly high propensity towards renting within the area. Its counterpart, the units to houses ratio, falls evenly at 50%, suggesting a balanced property type distribution that might appeal to a broad range of potential tenants and buyers.

    Interestingly, the affordability index in this area is estimated at 35 years for houses. This implies that it would typically take that duration to fully owe a property, given current economic conditions. This is above the standard 30-year mortgage.

    The stock on market Percentage remains relatively low at 0.48%, indicating a degree of scarcity in the market that can drive higher prices. The speedy inventory turnover can be deduced from the low 1.42 months of supply, evidencing the brisk absorption rate of new listings.

    Furthermore, the building approvals Ratio exhibits a favourable position at 0.43%, suggesting a marginal increase in the supply of new dwelling stocks. The average days on market for homes here touch the 53-day mark, illustrating the moderately quick sales turnover rate.

    Meanwhile, the Vacancy Rate, which combines houses and units, settles at a mere 0.79% indicating high demand and limited availability which may contribute towards rent hikes and increase property demand.

    Finally, the buy search index for houses in Victoria Park measures at 5, indicating that the online search for property matches the state’s average. All these factors combined, make Victoria Park a noteworthy suburb worth considering for property investors and buyers alike. Remember, it’s important to keep an eye on market trends across several metrics to make informed investment decisions, and tools like RCS by HtAG Analytics can help you streamline this process.

    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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