Fraud Blocker

Subiaco, WA 6008

Home » WA Real Estate Data » City of Subiaco, WA » Subiaco, WA 6008

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 Subiaco, WA 6008 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™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Subiaco, WA 6008”

  1. The total adult population (15 years or older) of Subiaco 6008 WA is 8,528, with a median age of 40. Of those, 41.62% are married, 13.51% are divorced or separated, 41.29% are single and 3.49% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $13,260. The median monthly mortgage repayment for households in this suburb is $2,498 which is 18.84% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the heart of Western Australia, the suburb of Subiaco (postcode 6008) is home to an estimated 7306 households. In the third quarter of 2023, Subiaco’s housing sector presents a vibrant property market with the typical house pricing around $1,884,987. The median weekly rent stands at $818, translating to an indicative yield of 2.26% – a figure that might require careful consideration for cashflow-centered investors who usually see 3% as a baseline for investment attractiveness.

    The socio-economic conditions in Subiaco are favourable for property investment, as evidenced by its high IRSAD score of 1125 out of 1217. This score reflects the residents’ high income levels, access to economic resources, and predominance of skilled professions. But potential investors should take note of the slightly higher renter to owner ratio at 45%. While not necessarily a red flag, areas with high renter to owner figures often exhibit lower long-term returns and could face volatility and competition among landlords.

    The units to houses ratio is relatively balanced at 46%, which means there’s a reasonable mix of property types. Investors should still monitor this ratio as markets with a higher proportion of units may impact appeal and return on investment negatively. Another critical factor is the affordability index which stands at 56 years, significantly higher than the standard 30-year mortgage and indicating a lesser degree of affordability.

    From a supply perspective, the market is favourable, with a low stock on market Percentage for houses at 0.08% and an inventory level for houses at 0.22 months, indicating a healthy competition among buyers. The building approvals Ratio for houses at 0.79% is well below the 2% threshold, implying limited chances of supply surge in the upcoming period.

    However, the days on market (DoM) for houses in Subiaco is relatively high at 82 days, indicating that properties may take longer than ideal to sell, and suggesting a softer demand. On the brighter side, the vacancy rate combining houses and units is at an optimal 1.43%, signifying high occupancy and demand. Moreover, the buy search index for houses is strong at 6, demonstrating higher buyer interest and demand relative to the state’s average.

    Overall, Subiaco appears to be in a growing phase where demand is strong, and supply is appropriately restrained. Despite some caution required due to less than ideal yield and affordability, the robust socio-economic factors, balanced housing mix and low vacancy rates make it an interesting proposition for astute property investors. But as always, trends and ongoing market conditions must be closely monitored to make the most informed investment decisions. Utilising tools such as the RCS (Relative Composite Score) from HtAG Analytics can further simplify this process by considering over 80 different market metrics. Please refer to the attached dashboard for visual trends and data verification.

    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.

Leave a comment