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Investment Property WA, Australia

State Snapshot

Western Australia is a state in Australia. Western Australia has a population of 2,474,414 people and 23.98% of its occupants live in rental accommodation. The median listing price for houses is $695,000 and this has changed 20.86% over the past year and changed 39.00% over 2 years.

The median rent in for houses is $650 per week and the median rental yield is 4.86%. Stock on the market for houses/townhouses has changed 8.90% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $480,000 and this has changed 20.30% over the past year. The average unit takes NA days to sell and the median rent for a unit in Western Australia is $580 per week, producing a rental yield of 6.28%.

Supply & Demand in Western Australia

0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Western Australia

  House Townhouses Units
Median listing price $695,000 $599,000 $480,000
Median price change - last quarter 5.35% 6.44% 6.44%
Median price change - 1 year 20.86% 23.50% 20.30%
Median price change - 2 years 39.00% 36.44% 28.00%
  House Townhouses Units
Median weekly rent $650 $640 $580
Median yield % 4.86% 5.55% 6.28%
Median rent change - 1 year 8.33% 16.36% 16.00%
  House Units
Previous month sales 2638 320
Stock on market previous month 19,400 2,475
Stock variance vs. last year 8.90% -6.14%
Average days on market NA NA

WA investment property listings

Showing 1 of 1 investment properties found in WA on realestateinvestar.com.au

6 Edwards St, Merredin

$350,000

property pic

Prime Light Industrial Opportunity 5,290m² Block + 738m² Total

Secure a versatile commercial holding with huge potential. Zoned Light Industrial, this expansive property offers exceptional workshop, storage and business capability. Key features include: Approx. 738m² of shed space across multiple structures Three-phase power to the front two sheds Front ...

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Commercial

WA 6415


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