This property is Off Market
With an average age of 41, households expect an average monthly mortgage payment of $2,182 or a weekly rent payment of $440. The average family earns a weekly income of $2,488 with a typical household size of 2.7 and a 96.04% employment rate.
Consistent high demand relative to supply is a key feature in Kallaroo driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Kallaroo ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Kallaroo changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Kallaroo requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 2%)
Mullaloo - Kallaroo a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
63 / 100
55 / 100
Industry
53 / 100
48 / 100
Population
42 / 100
35 / 100
House Prices
82 / 100
62 / 100
Jobs
20 / 100
17 / 100
Incidents Trend State Average
Springfield Primary School
Kallaroo, WA, 6025 State K-6
Belridge Secondary College
Beldon, WA, 6027 State 7-12
Beldon Education Support Centre
Beldon, WA, 6027 State K-6
Beldon Primary School
Beldon, WA, 6027 State K-6
Mullaloo Heights Primary School
Mullaloo, WA, 6027 State K-6
Craigie Heights Primary School
Craigie, WA, 6025 State K-6
Mullaloo Beach Primary School
Mullaloo, WA, 6027 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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