Fraud Blocker

Kelmscott, WA 6111

Home » WA Real Estate Data » City of Armadale, WA » Kelmscott, WA 6111

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 Kelmscott, WA 6111 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 “Kelmscott, WA 6111”

  1. The total adult population (15 years or older) of Kelmscott 6111 WA is 8,715, with a median age of 40. Of those, 40.32% are married, 15.96% are divorced or separated, 38.24% are single and 5.44% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,808. The median monthly mortgage repayment for households in this suburb is $1,500 which is 22.03% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Western Australia, the suburb of Kelmscott, with the postcode 6111, is home to an estimated 5,504 households. As the Q3 2023 property data reveals, the typical price for houses in Kelmscott is situated at $476,347. Houses in this suburb have a median rent of $409 a week. With these figures in mind, Kelmscott delivers an enticing indicative yield of 4.46%, which is much higher than the 3% yield minimum appealing to cashflow-centered property investors.

    When exploring the socio-economic aspect, Kelmscott has an IRSAD score of 921 out of 1217, indicative of a relatively good socio-economic standing. Intriguingly, the suburb’s renter to owner ratio is registered at a favourable 27%, underscoring the viability of property investments in this suburb as the rental market doesn’t dwarf that of property owners. Looking at the housing composition, units make up just 4% of all domiciles, ensuring less competition among landlords seeking tenants. This niche real estate dynamic potentially ensures more stable rental yields.

    Turning to the affordability aspect, Kelmscott does well with a ‘Years to Own’ metric of 27 years, indicating that this suburb falls within the favourable range for properties which are viable for full ownership in less than 30 years.

    On the supply side of the equation, the suburb’s stock on market Percentage stands at a meagre 0.33%, thus making it a low-supply suburb, and potentially enhancing the demand and value of properties. This is further supported by the inventory level of a mere 0.8 months. The low building approvals ratio of 0.33% likewise points to less impending competition among sellers due to new properties.

    However, property buyers need to manage the moderate demand indicated by an average of 54 days on the market per property.

    On the brighter side, Kelmscott shines with a low combined vacancy rate of 0.34% for houses and units, making it a competitive market for renters. Further buoying the property prospects here is the high buy search index registering at 7, demonstrating that Kelmscott commands a high level of investor interest.

    In conclusion, Kelmscott displays a balanced investment prospect within the Australian property market. While a thorough understanding of property data trends should be the cornerstone of investment decisions, Kelmscott exhibits a promising profile for both long-term renters and prospective property owners. With a healthy portfolio of key metrics in the favourable range, keep an eye on this suburb to spot attractive real estate investment 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.

Leave a comment