30-35 mins form Perth CBD
20 mins to Mandurah (City of the south)
10 mins to the beach. Has tourist attractions such as penguin island, seal island, and great boating and fishing.
2 mins to the freeway entry
2-3 mins to Stockland Baldivis with over 100 specialty stores
Within 5 mins of all other amenities such as bunnings, spudshed, doctors, specialists.
Walking distance to daycare, primary, parks and high schools.
Super low vacancy rate
Demand > Supply
Record low stock on market
85% owner-occupier ratio
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.