This property is Off Market
With an average age of 58, households expect an average monthly mortgage payment of $1,400 or a weekly rent payment of $400. The average family earns a weekly income of $2,250 with a typical household size of 2.3 and a 73.33% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Port Kennedy are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Port Kennedy 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. High density population in Port Kennedy 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.
Port Kennedy 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
55 / 100
55 / 100
Industry
51 / 100
48 / 100
Population
53 / 100
35 / 100
House Prices
69 / 100
62 / 100
Jobs
14 / 100
17 / 100
Incidents Trend State Average
Endeavour Primary School
Port Kennedy, WA, 6172 State K-6
Comet Bay Primary School
Secret Harbour, WA, 6173 State K-6
Secret Harbour Primary School
Secret Harbour, WA, 6173 State K-6
Endeavour Education Support Centre
Port Kennedy, WA, 6172 State K-6
Rockingham Lakes Primary School
Port Kennedy, WA, 6172 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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