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Yokine, WA 6060

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 Yokine, WA 6060 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™

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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 “Yokine, WA 6060”

  1. The total adult population (15 years or older) of Yokine 6060 WA is 10,865, with a median age of 38. Of those, 41.61% are married, 13.54% are divorced or separated, 39.20% are single and 5.61% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $9,196. The median monthly mortgage repayment for households in this suburb is $1,950 which is 21.20% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in WA, the suburb of Yokine 6060 boasts an approximate house count of 6593. By Q3 of 2023, typical house prices in the locale are tagged at $854,373. With a median weekly rent sitting at $549, this would yield an indicative return of about 3.34%, which is a favourable figure above the investor-magnet market requirement of 3%.

    The suburb’s socio-economic score, otherwise known as the IRSAD, stands at 1035 out of 1217. This showcases the local population’s advantaged state, in terms of the access to economic resources and level of professional skill. However, investors should take note that rental properties somewhat oversaturate the market in Yokine, evidenced by a renter-to-owner ratio of 39%.

    Regarding the unit to houses ratio, Yokine stands at a balanced 19%. This low percentage is favourable, suggesting a market environment with less competition among landlords for tenants – an aspect likely to help sustain high rental yields. Suburbs with a lower proportion of units generally captivate a majority of families, who tend to become long-term tenants.

    Shedding light on property affordability in Yokine, the area’s affordability index sits at 36 years. This falls above the preferred range of 30 years or less and may signify decreased affordability in the suburb.

    Information on supply metrics shows the stock on market percentage for houses at a neutral 0.56%, while the inventory level is at a favourable low of 1.41 months. Another positive, the building approvals ratio is low, at just 0.9%, indicating limited new dwelling supplies being added to the local market.

    Despite the unfavourably high 63 days of houses being on the market, Yokine shows appealingly low vacancy rates of 0.35% for both houses and units. This may result in potential tenants willing to pay more due to the high demand and reduced availability of properties close by. Notably, the buy search index for houses in the suburb stands at 3, denoting limited demand.

    Summing up, while Yokine does have a few unfavourable figures such as the renter to owner ratio and the buy search index, many of its property market indicators demonstrate promising results. It goes without saying that while reviewing this data is crucial, staying abreast of real estate trends and possible market alterations should be part and parcel of any well-considered property investment strategy.

    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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