Suburb Profile

Suburb profile for,

Safety Bay, WA

Located in the dynamic state of WA (postcode 6169), SAFETY BAY is a vibrant real estate market. This suburb holds a median house price of $487,500 and has demonstrated an average buying growth of Up 14.0%. Last month, 39 houses were available, with 170 transactions completed in the past year. Properties spend around 35 days on the market, reflecting the area's demand with 1633 interested buyers. The average rental yield stands at 5.1%, with a weekly median rent of $320 per week and an average rent growth of Up 14.6%. Rental properties usually stay on the market for 18 days. The population in 2016 was 7414, which changed by +0.30% in the past five years. The median weekly household income is $1,307, reflecting an income change of +9.74% over the past five years. Residents have a median age of 44 years, and the suburb has an average annual growth for houses of +2.80%. To fully take advantage of SAFETY BAY's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in SAFETY BAY, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Safety Bay, 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
SAFETY BAY
Postcode
6169
Median price for all dwellings
$487,500
Last 12 months growth return
Up 14.0%
Avg. dwellings for sale in the suburb every month
39
Avg. dwellings sold in the suburb in previous 12 months
170
Avg days on market for a dwelling listing to sell
35 days
Avg. number of people searching in this suburb every month
1633
Avg. rental yield per annum
5.10%
Weekly median rent for all dwellings
$320 per week
Median price for all houses
$487,500
Avg. rental yield growth in the previous 12 months
5.10%
Avg. days for a rental listing to find a tennant
18 days
Total suburb population in 2016
7414
Total suburb population change in 5 years up to 2016
0.30%
Avg. household income per week
$1,307
Median age of the population in the suburb
44
Historic avg annual growth return per annum in the suburb
2.80%

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