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Investment Property Westminster, WA, 6061

Suburb Snapshot

Westminster is a suburb in the Stirling Region of Western Australia. Westminster has a population of 6,200 people and 36.01% of its occupants live in rental accommodation. The median listing price for houses is $469,000 and this has changed 10.61% over the past year and changed 21.81% over 2 years.

The median rent in Westminster for houses is $500 per week and the median rental yield is 5.54%. Stock on the market for houses/townhouses has changed -16.36% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $350,000 and this has changed 0.28% over the past year. The average unit takes 41 days to sell and the median rent for a unit in Westminster is $475 per week, producing a rental yield of 7.05%.

Supply & Demand in Westminster, Stirling

0.89%

Current vacancy rate


30

Rental stock available


6,200

Population


36.01%

Rental population


0.64%

Current vacancy rate


686

Rental stock available


210,208

Population


28.40%

Rental population


0.62%

Current vacancy rate


7,457

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 Westminster, Stirling

  House Townhouses Units
Median listing price $469,000 $450,000 $350,000
Median price change - last quarter 4.22% 4.16% 0.00%
Median price change - 1 year 10.61% 13.92% 0.28%
Median price change - 2 years 21.81% 28.57% 16.66%
  House Townhouses Units
Median weekly rent $500 $540 $475
Median yield % 5.54% 6.24% 7.05%
Median rent change - 1 year 13.63% 20.00% 25.00%
  House Units
Previous month sales 1 0
Stock on market previous month 46 8
Stock variance vs. last year -16.36% 0.00%
Average days on market 77 41

Westminster investment property listings

Showing 4 of 4 investment properties found in Westminster on realestateinvestar.com.au

N/A, Westminster

$590,000

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Affordable living

Build a brand-new home through Perth's premier building broker company. With over 40 years of combined building experience, The Property Pros (TPP) uses their industry knowledge to take the stress out of building! With a panel of hand selected, quality builders that are rated the best in the ...

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House

WA 6061


N/A, Westminster

$659,000

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Super affordable living

Live a stone throw from the convenient Reid Hwy connecting you straight to the Beach. Shops a plenty nearby and North Metro Tafe around the corner. Great value suburb with lots of community events and support for your family to enjoy. Get into your new home in this family friendly area. Build a ...

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House

WA 6061


9 Chipala Rd, Westminster

$750,000

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Development Plans Approved (21 Jul 2023)

Builders and Developers take note. Plans for a triplex development, 3 Beds, 2 baths 2 Car, approved from the City of Stirling, dated 21 July 2023. Contact me for relevant documents and information. This is not tenanted, it is owner occupied, so no risk of vacant possession. The house is tired but ...

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House

WA 6061


13C Pycombe Way, Westminster

$0

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Spacious home in prime location!

Nestled on a tranquil street in a prime locale, this pristine residence boasts a thoughtfully designed layout that maximises every inch of space. Crafted with precision and adorned with high-end finishes, this home is primed for immediate occupancy. Prepare to be captivated by its impressive ...

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House

WA 6061


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