Fraud Blocker

Gingin, WA 6503

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 Gingin, WA 6503 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan 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 “Gingin, WA 6503”

  1. The total adult population (15 years or older) of Gingin 6503 WA is 686, with a median age of 40. Of those, 54.08% are married, 10.50% are divorced or separated, 31.34% are single and 3.94% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,360. The median monthly mortgage repayment for households in this suburb is $1,699 which is 23.08% of their earnings.

    Source: ABS Census Data (2021)

  2. Gingin, with its postcode 6503, is a quiet suburb located in Western Australia. It is home to approximately 584 households. As of the 3rd quarter of 2023, the typical price for houses in Gingin is $453,924, with a median weekly rent of $338. This corresponds to an indicative yield of approximately 3.87%, potentially offering a reasonable return on investment for property investors.

    Gingin posts a significant IRSAD score of 955 out of a possible 1217, indicative of good socio-economic conditions, with residents having good access to economic resources and a relatively high income level. The renter to owner ratio stands at a favourable 23%, which suggests lower competition among property investors, with a majority of the dwellings being owner-occupied. Furthermore, the ratio of units to houses is rather minimal, standing at a mere 1%, indicating fewer properties available for rent particularly in the units market segment.

    In regards to market affordability, Gingin registers an affordability index of 24 years for housing. This suggests that the region presents a favourable market condition for potential home buyers as it takes less than the conventional 30-year mortgage period to own a property.

    In terms of market supply, the stock on market Percentage for houses sits at a low 0.17% and the inventory level stands at 0.48 months – under half a month. This indicates an incredibly low supply, hence, a potentially favourable market condition for sellers.

    The market doesn’t show any new upcoming supply with a building approvals ratio of 0.0% for houses, indicating no newly approved residential buildings in the area over the past 12 months.

    Looking at the market demand, the days on market for houses is 50, indicating somewhat neutral demand situation, whereas the incredibly low vacancy rate of 0.74% (both for houses and units) demonstrates high demand outstripping supply in this area. However, the buy search index for houses is 3, highlighting neutral interest from prospective buyers.

    In summary, whilst some metrics may be in the moderate range, the overall metrics for Gingin are mostly favourable presenting an interesting opportunity for potential property investors, provided the trends remain consistent. Further due diligence is recommended, as well as usage of analytical tools such as HtAG Analytics’ Relative Composite Score (RCS), which automates the above research using over 80 metrics.

    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