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South Kalgoorlie, WA 6430

Home » WA Real Estate Data » City of Kalgoorlie-Boulder, WA » South Kalgoorlie, WA 6430

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 South Kalgoorlie, WA 6430 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

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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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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 “South Kalgoorlie, WA 6430”

  1. The total adult population (15 years or older) of South Kalgoorlie 6430 WA is 3,395, with a median age of 34. Of those, 40.06% are married, 13.34% are divorced or separated, 42.65% are single and 3.86% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $10,320. The median monthly mortgage repayment for households in this suburb is $1,472 which is 14.26% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Western Australia, the suburb of South Kalgoorlie 6430 is home to an estimated 2,287 households. As we move into the third quarter of 2023, we see property market statistics presenting interesting figures for potential investors or buyers agents. The typical prices for houses in this suburb stand at $311,502, and when coupled with a median weekly rent of $470, this generates an indicative yield of 7.85%. This yield substantially exceeds the minimum market requirement of 3% for property investors focused on cashflow.

    The area boasts an IRSAD score of 941 out of a possible 1,217, indicating a relatively high socio-economic status. However, the renter to owner ratio stands at 36%, slightly above the favourable range of 30% and below, pointing to a market with a bit of competition. Nonetheless, the units to houses ratio is a minimal 5%, suggesting less competition amongst landlords and potentially longer tenancy periods.

    An affordability index of 12 years, significantly below the 30-year norm, highlights South Kalgoorlie 6430 as an area with high affordability amongst its residents. This could appeal to investors seeking areas where a majority of residents can afford to own a house outright within a shorter timeframe.

    Supply metrics for houses in this suburb are also noteworthy. A stock on market percentage of 0.65% strikes a balanced range, while an inventory level of 1.31 months suggests a rapidly absorbing property market that is favourable to sellers. On top of that, the building approvals Ratio stands at 0.05%, indicating a low supply of new housing stock coming into the market.

    Houses spend an average of 64 days on the market, which is a moderate figure appearing balanced between high and low demand. In addition, the 1.47% vacancy rate (combining both houses and units) falls within the neutral range. The buy search index for houses is currently at 3, suggesting moderate demand prevalent within the suburb of South Kalgoorlie 6430.

    Given this blend of favourable and moderate metrics, South Kalgoorlie 6430 presents diverse opportunities for property investors and buyers agents. It underlines the importance of identifying trends and analysing a wider range of metrics, such as those incorporated in RCS (Relative Composite Score) methodology, to form a robust understanding of the property market landscape.

    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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