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Investment Property Spearwood, WA, 6163

Suburb Snapshot

Spearwood is a suburb in the Cockburn Region of Western Australia. Spearwood has a population of 10,032 people and 24.81% of its occupants live in rental accommodation. The median listing price for houses is $769,000 and this has changed 33.73% over the past year and changed 39.81% over 2 years.

The median rent in Spearwood for houses is $650 per week and the median rental yield is 4.39%. Stock on the market for houses/townhouses has changed 18.60% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $384,500 and this has changed 10.17% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Spearwood is $555 per week, producing a rental yield of 7.50%.

Supply & Demand in Spearwood, Cockburn

0.61%

Current vacancy rate


32

Rental stock available


10,032

Population


24.81%

Rental population


0.50%

Current vacancy rate


249

Rental stock available


104,470

Population


21.80%

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 Spearwood, Cockburn

  House Townhouses Units
Median listing price $769,000 $595,000 $384,500
Median price change - last quarter 9.81% 7.67% 7.85%
Median price change - 1 year 33.73% 37.73% 10.17%
Median price change - 2 years 39.81% 52.95% 18.30%
  House Townhouses Units
Median weekly rent $650 $610 $555
Median yield % 4.39% 5.33% 7.50%
Median rent change - 1 year 12.06% 22.00% 15.62%
  House Units
Previous month sales 12 1
Stock on market previous month 51 10
Stock variance vs. last year 18.60% -16.67%
Average days on market 52 73

Spearwood investment property listings

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