This property is Off Market
With an average age of 45, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $390. The average family earns a weekly income of $2,196 with a typical household size of 2.7 and a 94.14% employment rate.
Consistent high demand relative to supply is a key feature in Glen Forrest driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Glen Forrest 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 Glen Forrest 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. Medium density in Glen Forrest necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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 4%)
Glen Forrest - Darlington 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
62 / 100
55 / 100
Industry
47 / 100
48 / 100
Population
32 / 100
35 / 100
House Prices
83 / 100
62 / 100
Jobs
14 / 100
17 / 100
Incidents Trend State Average
Glen Forrest Primary School
Glen Forrest, WA, 6071 State K-6
Treetops Montessori School
Darlington, WA, 6070 Independent PP-12
Parkerville Primary School
Parkerville, WA, 6081 State K-6
Swan View Senior High School
Swan View, WA, 6056 State 7-12
Swan View Primary School
Swan View, WA, 6056 State K-6
Helena College
Glen Forrest, WA, 6071 Independent PP-12
St Anthony's School
Greenmount, WA, 6056 Independent PP-6
Helena Valley Primary School
Helena Valley, WA, 6056 State K-6
Greenmount Primary School
Greenmount, WA, 6056 State K-6
Darlington Primary School
Darlington, WA, 6070 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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