North Beach, WA 6020: Suburb Profile & Property Report

Market Report

House report
Unit Report

In North Beach, the median property price for a house is currently $1,630,000 with annual capital growth of 24.05% . There were 60 house sales in the past 12 months. On average, houses spend 22 days on market.

If you're thinking about buying an investment property in North Beach, consider that rental yields for houses are currently 2.86% with an average median rent of $1,050 weekly. Houses have seen -1.06% growth in the past quarter, and 24.05% growth in the past 12 months.

The size of North Beach is approximately 2.1 square kilometres. It has 8 parks covering nearly 36% of total area. The population of North Beach in 2011 was 3,090 people. By 2016 the population was 3,398 showing a population growth of 10.0% in the area during that time. The predominant age group in North Beach is 40-49 years.

Households in North Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Beach work in a professional occupation. In 2011, 60.1% of the homes in North Beach were owner-occupied compared with 64.4% in 2016.

In North Beach, the median property price for a unit is currently $635,000 with annual capital growth of 18.51% . There were 14 unit sales in the past 12 months. On average, units spend 7 days on market.

If you're thinking about buying an investment property in North Beach, consider that rental yields for units are currently 4.69% with an average median rent of $650 weekly. Units have seen -0.78% growth in the past quarter, and 18.51% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,630,000	$635,000
Quarterly growth	-1.06%	-0.78%
12-month growth	+24.05%	+18.51%
Average annual growth	+13.25%	+4.90%
Weekly median rent	$1,050	$650
Gross rental yield	2.86%	4.69%
Number of Sales (12m)	60	14
Avg. Days on Market (12m)	22	7

Jump to Market Trends

Key Demographics	2011	2016
Total population	3,090	3,398
Population change (5y)	+4.78%	+10.00%
Median household income (p/w)	$1,371	$1,664
Household income change (5y)	+43.41%	+21.37%
Median age of persons	41	43

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in North Beach is $1,630,000 for houses and $635,000 for units.

The Median Growth in North Beach over the past 12 months is 24.05% for houses and 18.51% for units.

Over the past 12 months there were 60 houses sold and 14 units sold in North Beach. On average, houses spent 22 days on market and units spent 7 days on market.

In the past 12 months up to September 2024 there were 60 houses sold and 14 units sold in North Beach. On average, houses spent 22 days on market and units spent 7 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in North Beach is $1,050 for houses and $650 for units.

The Rental Yield in North Beach is 2.86% for houses and 4.69% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of North Beach was 3,398 in 2016, a +10.00% change compared to 2011.

The predominant age group in North Beach is 40-49 years.

The population of North Beach was 3,398 in 2016, a +10.00% change compared to 2011.

The predominant age group in North Beach is 60-69 years.

Most of the population in North Beach were born in Australia.

Most of the population in North Beach report their religion as No Religion.

Most of the population in North Beach report their income range as $182,000 .

The median household income in North Beach was $1,664 in 2016, a +21.37% change compared to 2011.

Most of the population in North Beach report their income range as between $130,000 and $182,000 .

The median household income in North Beach was $1,371 in 2011, a +43.41% change compared to 2006.

Most of the population in North Beach work as Professional.

The chart below demonstrates the various levels of education in North Beach.

Most of the population in North Beach reached a qualification level of Bachelor.

2011 2016

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