Suburb Profile

Suburb profile for,

Margaret River, WA

Located in the dynamic state of WA (postcode 6285), MARGARET RIVER is a vibrant real estate market. This suburb holds a median house price of $640,000 and has demonstrated an average buying growth of Up 8.0%. Last month, 80 houses were available, with 156 transactions completed in the past year. Properties spend around 69 days on the market, reflecting the area's demand with 2010 interested buyers. The average rental yield stands at 4.5%, with a weekly median rent of $420 per week and an average rent growth of Up 5.8%. Rental properties usually stay on the market for 17 days. The population in 2016 was 7650, which changed by +20.90% in the past five years. The median weekly household income is $1,344, reflecting an income change of +12.00% over the past five years. Residents have a median age of 36 years, and the suburb has an average annual growth for houses of +7.16%. To fully take advantage of MARGARET RIVER's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MARGARET RIVER, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Margaret River, WA

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
WA
Suburb
MARGARET RIVER
Postcode
6285
Median price for all dwellings
$640,000
Last 12 months growth return
Up 8.0%
Avg. dwellings for sale in the suburb every month
80
Avg. dwellings sold in the suburb in previous 12 months
156
Avg days on market for a dwelling listing to sell
69 days
Avg. number of people searching in this suburb every month
2010
Avg. rental yield per annum
4.50%
Weekly median rent for all dwellings
$420 per week
Median price for all houses
$640,000
Avg. rental yield growth in the previous 12 months
4.50%
Avg. days for a rental listing to find a tennant
17 days
Total suburb population in 2016
7650
Total suburb population change in 5 years up to 2016
20.90%
Avg. household income per week
$1,344
Median age of the population in the suburb
36
Historic avg annual growth return per annum in the suburb
7.16%

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