Thinking about buying in Minyirr? Now could not be a better time, with just 327 residential dwellings it's a highly sought after location.
The average property price for this area is $600,000 with prices in this suburb ranging from $352,000 to $848,000.Distance to the coast is 0 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Minyirr ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Minyirr provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Minyirr requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
|Median Weekly Rent||$310.00|
|Median Monthly Mortgage||$2393.50|
|Median Persons Per Bedroom||1.30|
|Average Household Size||3.00|
|Average Cars Per Dwelling||1.53|
|Average Properties Within 50M||23.00|
|UNIT 1, 2 DECASTILLA ST, MINYIRR, WA, 6725||$1,500,000|
None within suburb boundary(While the above schools are located with the suburb of Minyirr there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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