Suburb Profile

Suburb profile for,

Westminster, WA

Located in the dynamic state of WA (postcode 6061), WESTMINSTER is a vibrant real estate market. This suburb holds a median house price of $415,500 and has demonstrated an average buying growth of Up 5.2%. Last month, 33 houses were available, with 148 transactions completed in the past year. Properties spend around 53 days on the market, reflecting the area's demand with 856 interested buyers. The average rental yield stands at 5.8%, with a weekly median rent of $400 per week and an average rent growth of Up 11.3%. Rental properties usually stay on the market for 14 days. The population in 2016 was 6186, which changed by +19.50% in the past five years. The median weekly household income is $1,246, reflecting an income change of +14.94% over the past five years. Residents have a median age of 33 years, and the suburb has an average annual growth for houses of +1.62%. To fully take advantage of WESTMINSTER's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in WESTMINSTER, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Westminster, 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
WESTMINSTER
Postcode
6061
Median price for all dwellings
$415,500
Last 12 months growth return
Up 5.2%
Avg. dwellings for sale in the suburb every month
33
Avg. dwellings sold in the suburb in previous 12 months
148
Avg days on market for a dwelling listing to sell
53 days
Avg. number of people searching in this suburb every month
856
Avg. rental yield per annum
5.80%
Weekly median rent for all dwellings
$400 per week
Median price for all houses
$415,500
Avg. rental yield growth in the previous 12 months
5.80%
Avg. days for a rental listing to find a tennant
14 days
Total suburb population in 2016
6186
Total suburb population change in 5 years up to 2016
19.50%
Avg. household income per week
$1,246
Median age of the population in the suburb
33
Historic avg annual growth return per annum in the suburb
1.62%

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