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Peppermint Grove Beach, WA 6271

Home » WA Real Estate Data » Shire of Capel, WA » Peppermint Grove Beach, WA 6271

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 Peppermint Grove Beach, WA 6271 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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Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM 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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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 “Peppermint Grove Beach, WA 6271”

  1. The total adult population (15 years or older) of Peppermint Grove Beach 6271 WA is 425, with a median age of 49. Of those, 57.65% are married, 16.47% are divorced or separated, 23.53% are single and 2.59% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $8,872. The median monthly mortgage repayment for households in this suburb is $1,733 which is 19.53% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in picturesque Western Australia, the subrub of PEPPERMINT GROVE BEACH, with postal code 6271, is a manageable pocket community of around 494 households. As we approach the third quarter of 2023, typical prices for houses have steeply risen to $874,037. This surge in property prices is offset by a robust median weekly rent of $508, which produces an attractive indicative yield of 3.02%.

    With an IRSAD score of 1018 out of 1217, the socio-economic outlook for PEPPERMINT GROVE BEACH remains strong. This higher-than-average score suggests the residents have a good employment status, excellent access to economic resources, and enjoy a higher standard of living compared to other subrubs. Furthermore, the area’s renter to owner ratio stands at an ideal 18%. This low percentage indicates limited competition among landlords, potentially leading to higher rental yields over time.

    Interestingly, the attributes of this thriving community favour houses over units, with a units to houses ratio of a whopping 0%. A dominant presence of houses may suggest more families. Families, as tenants, usually have longer tenancy periods, contributing to the 3.02% yield.

    However, this desirable property profile comes with a slightly high ‘years to own’ indicator at 39 years, reflecting decreased affordability. This statistic points to a scenario where residents may take about 39 years to fully own a property based on the current interest rates, typical property prices, and median family income levels.

    Despite this, the subrub manages its property supply effectively. The stock on market percentage sits at a balanced 0.61%. This figure shows a moderate supply of houses, neither too many nor too few, mitigating the risks of market saturation or undersupply. Simultaneously, the building approvals ratio sits at zero, reflecting a limited influx of new properties that further prevents oversupply.

    Supply dynamics are further corroborated by the inventory level. At a conducive 2.25 months, it means that houses aren’t staying on the market too long, but it’s not so short that it suggests a competitive, high-demand market.

    The real estate market’s overall health also seems positive, with a median of 42 days on the market for houses. This relatively short period indicates a healthy turnover rate—a win for both buyers looking for variety and sellers seeking quick sales.

    Even though the rental vacancy rate is 3.45%, it remains within limits, suggesting a relatively balanced demand-supply scenario, neither stretching too high to indicate low demand nor falling too low to signal a scarcity of rental properties.

    Lastly, a significant point to note is the high buy search index for houses at 6. This means that online searches for houses to buy in PEPPERMINT GROVE BEACH is relatively high—suggesting strong demand.

    To sum it up, walking the line between supply and demand, PEPPERMINT GROVE BEACH presents an appealing balance for potential investors, with some metrics showing promise for robust returns. However, it’s crucial to remember that conditions can change quickly, and staying informed is key to making favourable investment decisions.

    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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