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Investment Property Safety Bay, WA, 6169

Suburb Snapshot

Safety Bay is a suburb in the Rockingham Region of Western Australia. Safety Bay has a population of 7,406 people and 17.87% of its occupants live in rental accommodation. The median listing price for houses is $709,500 and this has changed 18.44% over the past year and changed 40.49% over 2 years.

The median rent in Safety Bay for houses is $570 per week and the median rental yield is 4.17%. Stock on the market for houses/townhouses has changed 17.24% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 70 days to sell and the median rent for a unit in Safety Bay is $450 per week, producing a rental yield of NA.

Supply & Demand in Safety Bay, Rockingham

0.60%

Current vacancy rate


21

Rental stock available


7,406

Population


17.87%

Rental population


0.91%

Current vacancy rate


539

Rental stock available


125,108

Population


22.26%

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 Safety Bay, Rockingham

  House Townhouses Units
Median listing price $709,500 $524,000 NA
Median price change - last quarter 0.57% NA -1.01%
Median price change - 1 year 18.44% NA NA
Median price change - 2 years 40.49% NA NA
  House Townhouses Units
Median weekly rent $570 NA $450
Median yield % 4.17% NA NA
Median rent change - 1 year 7.54% NA NA
  House Units
Previous month sales 4 1
Stock on market previous month 34 7
Stock variance vs. last year 17.24% 75.00%
Average days on market 68 70

Safety Bay investment property listings

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