This property is Off Market
With an average age of 31, households expect an average monthly mortgage payment of $1,600 or a weekly rent payment of $340. The average family earns a weekly income of $1,722 with a typical household size of 2.8 and a 89.36% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Yanchep are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Yanchep leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 3%)
Yanchep 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
52 / 100
55 / 100
Industry
43 / 100
48 / 100
Population
27 / 100
35 / 100
House Prices
69 / 100
62 / 100
Jobs
11 / 100
17 / 100
Incidents Trend State Average
St James' Anglican School
Alkimos, WA, 6038 Independent PP-11
Northshore Christian Grammar School
Alkimos, WA, 6038 Independent PP-9
John Butler Primary College
Butler, WA, 6036 State K-6
Atlantis Beach Baptist College
Two Rocks, WA, 6037 Independent PP-10
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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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