This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $2,063 or a weekly rent payment of $300. The average family earns a weekly income of $2,457 with a typical household size of 2.1 and a 93.1% employment rate.
Consistent high demand relative to supply is a key feature in West Beach driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in West Beach 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 West Beach 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. Medium density in West Beach necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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 2%)
West Beach 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
South Australia State average 45 / 100
Income
64 / 100
44 / 100
Industry
22 / 100
34 / 100
Population
27 / 100
37 / 100
House Prices
88 / 100
62 / 100
Jobs
25 / 100
33 / 100
Incidents Trend State Average
Fulham Gardens Primary School
Henley Beach, SA, 5022 State U, R-7
St Leonards Primary School
Glenelg North, SA, 5045 State R-7
Henley Beach Primary School
Henley Beach South, SA, 5022 State U, R-7
West Beach Primary School
West Beach, SA, 5024 State U, R-7
St Francis School
Lockleys, SA, 5032 Independent R-6
Lockleys Primary School
Brooklyn Park, SA, 5032 State R-7
Star of the Sea School
Henley Beach, SA, 5022 Independent R-6
Henley High School
Henley Beach, SA, 5022 State U, 8-12
Fulham North Primary School
Henley Beach, SA, 5022 State R-7
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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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