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Roleystone, WA 6111

Home » WA Real Estate Data » City of Armadale, WA » Roleystone, 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 Roleystone, 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.

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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 “Roleystone, WA 6111”

  1. The total adult population (15 years or older) of Roleystone 6111 WA is 5,632, with a median age of 44. Of those, 57.16% are married, 10.60% are divorced or separated, 28.43% are single and 3.78% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $9,688. The median monthly mortgage repayment for households in this suburb is $2,058 which is 21.24% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Roleystone, postcode 6111, is located in Western Australia and is home to an estimated 2,836 households. As of the third quarter of 2023, the typical house price in Roleystone stands at $703,464 with a median weekly rent of $556. This combination results in an attractive indicative yield of approximately 4.11%, above the base market requirement of 3%, making it an appealing locale for cashflow-centred investors.

    Roleystone boasts a respectable IRSAD socio-economic score of 1,045 out of 1,217, suggesting a generally robust local economy and a relatively affluent residential demographic. This can greatly enhance the investment appeal, as a socio-economically advantaged community often results in steadier rental returns and durable property values.

    The renter to owner ratio in Roleystone is decidedly low at 6%, well below the 30% threshold and suggesting an ownership-dominated market. This could lead to less competition among investors and potentially higher yields. Additionally, the units to houses ratio is nil. This dominance of houses over units potentially further boosts the appeal of Roleystone’s property market to families seeking longer tenancy periods.

    Indicative of the suburb’s overall affordability, the years to own index registers at 28 years.. This, compared to the national average, suggests a largely accessible property market for prospective homeowners and investors alike.

    Supply metrics in Roleystone are also favourable for investors. With a mere 0.28% stock on the market, and an inventory level of just 0.93 months, there’s a low level of unsold property. This indicates a predominantly absorptive market with swift off-takes of new listings.

    Furthermore, building approvals reflect a restricted supply of new residential dwellings, adding a layer of investment stability. The ratio of newly approved buildings to total dwellings is just 0.25%, indicating a limited influx of new properties into the market.

    In terms of demand, the average number of days on market is moderately high at 47 days, indicating a slight slack in demand but still within acceptable ranges. Meanwhile, Roleystone’s vacancy rate reflects high demand for property with a minuscule 0.55%. This suggests a primary scarcity of available rental properties, bolstering the prospects of rental income for property investors.

    Lastly, the suburb’s buy search index stands at 4. While this falls within the moderate demand bracket, it’s still considerably active, demonstrating a consistent interest from buyers.

    In a holistic view, Roleystone, with its confluence of positive supply, demand, and socio-economic indicators, is a viable consideration for property investors seeking a balanced market with favourable returns. Each market carries different risks and rewards, but Roleystone beckons with its uniquely promising prospects. And as always, the HtAG Analytics Relative Composite Score (RCS) can help investors streamline their research process by providing a comprehensive market assessment with over 80 metrics.

    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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