This property is Off Market
With an average age of 34, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $300. The average family earns a weekly income of $1,827 with a typical household size of 1.5 and a 93.68% employment rate.
Consistent high demand relative to supply is a key feature in Jolimont driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Jolimont 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 high percentage of professional people in Jolimont classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Jolimont 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%)
Subiaco - Shenton Park 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
69 / 100
55 / 100
Industry
73 / 100
48 / 100
Population
48 / 100
35 / 100
House Prices
83 / 100
62 / 100
Jobs
46 / 100
17 / 100
Incidents Trend State Average
Shenton College
Shenton Park, WA, 6008 State 7-12
Floreat Park Primary School
Floreat, WA, 6014 State K-6
Rosalie Primary School
Shenton Park, WA, 6008 State K-6
Shenton College Deaf Education Centre
Shenton Park, WA, 6008 State 7-12
Perth Modern School
Subiaco, WA, 6008 State 7-12
West Leederville Primary School
Leederville, WA, 6007 State K-6
Hollywood Primary School
Nedlands, WA, 6009 State K-6
Jolimont Primary School
Jolimont, WA, 6014 State K-6
Wembley Primary School
Wembley, WA, 6014 State K-6
Subiaco Primary School
Subiaco, WA, 6008 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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