This estate is next to Brightwood estate. See the video tour below
1. Strong Rental Yield
With a yield of 7%, indicating a solid return on investment.
2. Socio-economic Advantage
IRSAD Score At 1010, the IRSAD score is above the recommended value of 927, suggesting a relatively advantaged area that can attract a stable tenant base.
3. Market Conditions (Demand > Supply)
Days on Market (DOM): Properties in Baldivis have a quick turnover, with houses at 22 days and units at 18 days, indicating strong demand. Inventory: The inventory levels are opportune, with 1.25 months for houses and 2.1 months for units, suggesting a balanced market with healthy demand.
4. Affordability Index
The affordability index is 23 years, which is below the threshold of 30 years, making them more accessible to a broader range of buyers.
5. Low Vacancy rate of 1%, representing a solid rental market.
In summary, Baldivis WA 6171 offers a mix of strong rental yields, favorable market conditions, and socio-economic advantages, making it an attractive option for property investors.