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Armadale, WA 6112

Home » WA Real Estate Data » City of Armadale, WA » Armadale, WA 6112

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 Armadale, WA 6112 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.

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Rent 

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Yield 

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Buy 

1BR

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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 “Armadale, WA 6112”

  1. The total adult population (15 years or older) of Armadale 6112 WA is 10,948, with a median age of 39. Of those, 31.51% are married, 18.52% are divorced or separated, 42.71% are single and 7.26% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,240. The median monthly mortgage repayment for households in this suburb is $1,300 which is 24.81% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in WA, the suburban locale of Armadale (6112) is home to an estimated 7,405 households. As we unfold its property market narrative for Q3 of 2023, we notice that the typical prices for houses in this region hover around $365,184. Median weekly rents stand at a hefty $383, thereby reflecting an attractive indicative yield of a strong 5.45%, comfortably surpassing the standard property investor’s requirement.

    Delving into the socio-economic fabric of the neighbourhood, Armadale shines with an IRSAD score of 824 out of 1217, indicating a sound socio-economic status of the residents. However, the renter to owner ratio, at 40%, falls above the preferred threshold, hinting at a market potentially saturated with rental properties.

    Turning our attention to the types of dwellings, an 8% units to houses ratio evidences a lower proportion of units, which is positive for investors seeking less competition amongst landlords and steady rental yields.

    When examining the affordability index, at 27 years, the Armadale market offers relatively high affordability, usually indicative of an area preferred by residents due to the reasonable timeframe required to fully own a property.

    In terms of supply, the stock on market Percentage of 0.66% and an inventory level of 1.3 months suggest a favourable low supply market. Additionally, the building approvals Ratio of 1.77% also followers closer to the favourable end of the scale, hinting at lower supply in upcoming periods.

    Armadale excels in terms of demand metrics as well, with average houses spending only 21 days on the market, indicating a high demand. A considerably lower vacancy rate of 0.6% furthers this narrative, showcasing more demand than supply. However, the buy search index for houses stands at 3, signalling a mere state-average level of demand.

    While some metrics present stronger indications of investment returns than others, the importance of understanding trends within this context cannot be overstated. Also, remember the RCS index indicating a balanced viewpoint of over 80+ metrics. Despite some metrics being in unfavourable ranges, the overall property market in Armadale appears favourable for cashflow-centric investors, thanks to majority metrics like indicative yield, affordability index, supply levels and fast-moving properties pointing towards optimistic opportunities.

    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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