This property is Off Market
With an average age of 29, households expect an average monthly mortgage payment of $2,226 or a weekly rent payment of $400. The average family earns a weekly income of $2,532 with a typical household size of 3.2 and a 96.58% 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 Banksia Grove are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Banksia Grove provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Banksia Grove 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 3%)
Carramar 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
57 / 100
55 / 100
Industry
67 / 100
48 / 100
Population
44 / 100
35 / 100
House Prices
74 / 100
62 / 100
Jobs
30 / 100
17 / 100
Incidents Trend State Average
Spring Hill Primary School
Tapping, WA, 6065 State K-6
Banksia Grove Primary School
Banksia Grove, WA, 6031 State K-6
St John Paul II Catholic Primary School
Banksia Grove, WA, 6031 Independent PP-6
Wanneroo Primary School
Wanneroo, WA, 6065 State K-6
Joseph Banks Secondary College
Banksia Grove, WA, 6031 State 7-12
Tapping Primary School
Tapping, WA, 6065 State K-6
Joondalup Primary School
Joondalup, WA, 6027 State K-6
Carramar Primary School
Carramar, WA, 6031 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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