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Mckail, WA 6330

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 Mckail, WA 6330 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 “Mckail, WA 6330”

  1. The total adult population (15 years or older) of Mckail 6330 WA is 3,009, with a median age of 34. Of those, 48.92% are married, 11.33% are divorced or separated, 35.86% are single and 3.62% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $7,320. The median monthly mortgage repayment for households in this suburb is $1,622 which is 22.16% of their earnings.

    Source: ABS Census Data (2021)

  2. Mckail 6330, situated in Western Australia, houses approximately 1675 households and offers noticeable promise to property investors and buyers. As we delve into the key details for the third quarter of 2023, the typical house price in this suburban locale stands at a decent $496,762. Coupled with a median weekly rent of $443, this brings the indicative yield to a substantial 4.64%, certainly surpassing the minimum 3% threshold that property investors find desirable for worthwhile returns.

    Mckail boasts a socio-economic score – the IRSAD score – of 943 out of 1217, signalling a fairly positive socio-economic status. This further reinforces Mckail 6330 as a genuine contender for the keen property investor. The renter to owner ratio here is at an ideal 25%, demonstrating that rental property saturation remains low – a positive for the long-term investor.

    In terms of supply, Mckail 6330 maintains a favourable balance. The units to houses ratio is at an impressive low of 1%. This suggests fewer competing landlords, potential for higher rental yields, and a stronger appeal to families for longer tenancies. The stock on the market percentage for houses stands at a favourable 0.24% and the inventory level at an equally positive 0.6 months, both indicating a low supply market. Additionally, the building approvals ratio for houses remains well within the favourable range at 0.12%, indicating a sustainable supply of new dwelling stock.

    Looking at the demand side, Mckail 6330 indicates reasonably high demand with its average days on the market at 59, and an extremely low vacancy rate of 0.24%, indicating a high demand. The buy search index for houses is in the neutral territory at 4, but still indicates interest from potential buyers.

    The affordability index in Mckail 6330 is at 27 years, a favourable score indicating that the residents generally possess the financial capabilities to fully own properties within a standard 30-year mortgage, adding property stability to the neighbourhood.

    Overall, while some metrics lean towards the neutral range, the majority signal favourable conditions, making Mckail 6330 a viable option for property investors considering its high yield, desirable socio-economic score, and favourable supply-demand balance.

    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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