This property is Off Market
With an average age of 45, households expect an average monthly mortgage payment of $2,301 or a weekly rent payment of $425. The average family earns a weekly income of $2,892 with a typical household size of 2.7 and a 100.67% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Padbury 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. Low average earnings from people in Padbury 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. Lower than average population density constrains growth in Padbury to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.
Padbury 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
58 / 100
55 / 100
Industry
46 / 100
48 / 100
Population
20 / 100
35 / 100
House Prices
67 / 100
62 / 100
Jobs
13 / 100
17 / 100
Incidents Trend State Average
Glengarry Primary School
Duncraig, WA, 6023 State K-6
Padbury Catholic Primary School
Padbury, WA, 6025 Independent PP-6
West Coast Secondary Education Support Centre
Warwick, WA, 6024 State 7-12
Dalmain Primary School
Kingsley, WA, 6026 State K-6
South Padbury Primary School
Padbury, WA, 6025 State K-6
Creaney Primary School
Kingsley, WA, 6026 State K-6
St Stephen's School
Duncraig, WA, 6023 Independent PP-12
Duncraig Senior High School
Duncraig, WA, 6023 State 7-12
West Greenwood Primary School
Greenwood, WA, 6024 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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