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Trigg, WA 6029

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 Trigg, WA 6029 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

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5BR

Rent 

2BR

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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 “Trigg, WA 6029”

  1. The total adult population (15 years or older) of Trigg 6029 WA is 2,330, with a median age of 43. Of those, 58.58% are married, 7.38% are divorced or separated, 30.04% 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 $14,100. The median monthly mortgage repayment for households in this suburb is $3,000 which is 21.28% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Trigg, with postcode 6029, is nestled in Western Australia and is home to approximately 1,247 households. As reported in Q3 of 2023, the average price for houses in Trigg 6029 stands at a substantial $1,895,506. On the rental front, median weekly rents are at $718, which creates an indicative yield of 1.97%.

    Judging by its IRSAD score, Trigg showcases a favourable socio-economic landscape, scoring 1139 out of a possible 1217. This suggests access to strong economic resources, a wealthier population, and a high proportion of skilled professions.

    The property market in Trigg boasts an appealing renter to owner ratio at a mere 11%, well below the 30% threshold. This points to a neighbourhood primarily composed of owner-occupiers, which frequently enhances the overall market appeal and neighbourhood atmosphere. In addition, the units to houses ratio stands at 6%, significantly below the 50% benchmark. It’s indicative of a market with fewer units, which potentially allows for longer tenancy periods and less competition among landlords for tenants, thereby helping to maintain higher rental yields.

    Regarding market affordability, Trigg’s index suggests it is 53 years. This figure surpasses the 31-year mark, indicating decreased levels of market affordability. Nevertheless, this could also hint towards an opportunity for substantial property value appreciation.

    Examining the supply metrics, the stock on market Percentage for houses is found to be 0.43%, positioning within the neutral range. The inventory level, indicating the absorbency of the property market to new listings, presents a favourable low supply at 1.76 months.

    The building approvals Ratio for houses in Trigg sits at 1.2%, implying a balanced state of new dwelling supply. The suburb also boasts a healthy demand, considering the average days on market for houses is a brisk 31 days, showcasing high demand.

    However, the overall Vacancy Rate, including both houses and units, is slightly unfavourable at 3.68%, suggesting a moderate level of unoccupied properties.

    Finally, the buy search index for houses in the suburb is a robust 6, highlighting the high demand in this location from potential buyers.

    Conclusively, while Trigg encompasses a mix of favourable, unfavourable and neutral property market metrics, the majority lean towards positivity making it still an attractive option for savvy property investors. It’s vital to keep in mind the RCS (Relative Composite Score) – an automated tool by HtAG Analytics, comprises over 80 metrics that make this research process far more resourceful and accurate.

    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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