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Investment Property Pegs Creek, WA, 6714

Suburb Snapshot

Pegs Creek is a suburb in the Karratha Region of Western Australia. Pegs Creek has a population of 2,000 people and 46.47% of its occupants live in rental accommodation. The median listing price for houses is $525,000 and this has changed 6.59% over the past year and changed 10.75% over 2 years.

The median rent in Pegs Creek for houses is $950 per week and the median rental yield is 9.40%. Stock on the market for houses/townhouses has changed -26.09% compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $400,000 and this has changed 0.25% over the past year. The average unit takes 126 days to sell and the median rent for a unit in Pegs Creek is $950 per week, producing a rental yield of 12.35%.

Supply & Demand in Pegs Creek, Karratha

0.90%

Current vacancy rate


11

Rental stock available


2,000

Population


46.47%

Rental population


0.75%

Current vacancy rate


77

Rental stock available


21,472

Population


51.15%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Pegs Creek, Karratha

  House Townhouses Units
Median listing price $525,000 NA $400,000
Median price change - last quarter 6.00% NA -2.44%
Median price change - 1 year 6.59% NA 0.25%
Median price change - 2 years 10.75% NA 9.58%
  House Townhouses Units
Median weekly rent $950 NA $950
Median yield % 9.40% NA 12.35%
Median rent change - 1 year 5.55% NA 5.55%
  House Units
Previous month sales 5 1
Stock on market previous month 17 6
Stock variance vs. last year -26.09% 20.00%
Average days on market 90 126

Pegs Creek investment property listings

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