Seville Grove is a well-established suburb in Western Australia within the Armadale local government area (postcode 6112). With a population of 11,408, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $90K per year, with an average household size of 3 people. The most common occupations are technicians & trades, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Seville Grove is $565,000, having surged 37.8% over the past year. Units have a median price of $430,000 (+37.2% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,600.
Seville Grove is served by 1 school, including 1 primary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 48 bus stops.
From an investment perspective, Seville Grove offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($565K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +37.8% year-on-year.
Seville Grove is a well-established suburb in Western Australia within the Armadale local government area (postcode 6112). With a population of 11,408, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $90K per year, with an average household size of 3 people. The most common occupations are technicians & trades, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Seville Grove is $565,000, having surged 37.8% over the past year. Units have a median price of $430,000 (+37.2% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,600.
Seville Grove is served by 1 school, including 1 primary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 48 bus stops.
From an investment perspective, Seville Grove offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($565K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +37.8% year-on-year.