Kelmscott is a well-established suburb in Western Australia within the Armadale local government area (postcode 6111). With a population of 10,575, the suburb has an established demographic with a median age of 40. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Kelmscott is $530,000, having surged 30.9% over the past year. Units have a median price of $395,000 (+30.1% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,500.
Kelmscott is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 3 rail stations, 82 bus stops.
From an investment perspective, Kelmscott offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($530K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +30.9% year-on-year.
Kelmscott is a well-established suburb in Western Australia within the Armadale local government area (postcode 6111). With a population of 10,575, the suburb has an established demographic with a median age of 40. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Kelmscott is $530,000, having surged 30.9% over the past year. Units have a median price of $395,000 (+30.1% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $1,500.
Kelmscott is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 3 rail stations, 82 bus stops.
From an investment perspective, Kelmscott offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($530K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +30.9% year-on-year.