This property is Off Market
With an average age of 34, households expect an average monthly mortgage payment of $1,400 or a weekly rent payment of $350. The average family earns a weekly income of $1,671 with a typical household size of 2.3 and a 92.46% 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. Incomes in Morley 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 Morley 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 Morley 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 5%)
Morley 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
48 / 100
55 / 100
Industry
65 / 100
48 / 100
Population
58 / 100
35 / 100
House Prices
65 / 100
62 / 100
Jobs
28 / 100
17 / 100
Incidents Trend State Average
Embleton Primary School
Embleton, WA, 6062 State K-6
Morley Primary School
Morley, WA, 6062 State K-6
Infant Jesus School
Morley, WA, 6062 Independent PP-6
West Morley Primary School
Dianella, WA, 6059 State K-6
Weld Square Primary School
Morley, WA, 6062 State K-6
Hampton Park Primary School
Morley, WA, 6062 State K-6
North East Metropolitan Language Development Centre
Dianella, WA, 6059 State K-2
Hillcrest Primary School
Bayswater, WA, 6053 State K-6
Chisholm Catholic College
Bedford, WA, 6052 Independent 7-12
John Forrest Secondary College
Morley, WA, 6062 State 7-12
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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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