Cable Beach, WA 6726: Suburb Profile & Property Report

Market Report

House report
Unit Report

Cable Beach has 166 houses available for sale. The median property price for a house is currently $647,000 with annual capital growth of 8.74% . There were 163 house sales in the past 12 months. On average, houses spend 40 days on market.

If you're thinking about buying an investment property in Cable Beach, consider that rental yields for houses are currently 8.19% with an average median rent of $1,000 weekly. Houses have seen -0.46% growth in the past quarter, and 8.74% growth in the past 12 months.

The size of Cable Beach is approximately 9.2 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Cable Beach in 2011 was 5,156 people. By 2016 the population was 5,424 showing a population growth of 5.2% in the area during that time. The predominant age group in Cable Beach is 30-39 years.

Households in Cable Beach are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Cable Beach work in a professional occupation. In 2011, 41.4% of the homes in Cable Beach were owner-occupied compared with 44.8% in 2016.

Cable Beach has 98 units available for sale. The median property price for a unit is currently $355,000 with annual capital growth of 20.75% . There were 59 unit sales in the past 12 months. On average, units spend 44 days on market.

If you're thinking about buying an investment property in Cable Beach, consider that rental yields for units are currently 10.34% with an average median rent of $800 weekly. Units have seen 3.95% growth in the past quarter, and 20.75% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$647,000	$355,000
Quarterly growth	-0.46%	+3.95%
12-month growth	+8.74%	+20.75%
Average annual growth	+6.58%	+16.56%
Weekly median rent	$1,000	$800
Gross rental yield	8.19%	10.34%
Number of Sales (12m)	163	59
Avg. Days on Market (12m)	40	44

Jump to Market Trends

Key Demographics	2011	2016
Total population	5,156	5,424
Population change (5y)	+19.96%	+5.20%
Median household income (p/w)	$1,883	$1,914
Household income change (5y)	+37.05%	+1.65%
Median age of persons	33	34

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Cable Beach is $647,000 for houses and $355,000 for units.

The Median Growth in Cable Beach over the past 12 months is 8.74% for houses and 20.75% for units.

Over the past 12 months there were 163 houses sold and 59 units sold in Cable Beach. On average, houses spent 40 days on market and units spent 44 days on market.

In the past 12 months up to August 2024 there were 163 houses sold and 59 units sold in Cable Beach. On average, houses spent 40 days on market and units spent 44 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Cable Beach is $1,000 for houses and $800 for units.

The Rental Yield in Cable Beach is 8.19% for houses and 10.34% 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 Cable Beach was 5,424 in 2016, a +5.20% change compared to 2011.

The predominant age group in Cable Beach is 30-39 years.

The population of Cable Beach was 5,424 in 2016, a +5.20% change compared to 2011.

The predominant age group in Cable Beach is 30-39 years.

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

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

Most of the population in Cable Beach report their religion as Catholic.

Most of the population in Cable Beach report their income range as between $78,000 and $130,000 .

The median household income in Cable Beach was $1,914 in 2016, a +1.65% change compared to 2011.

Most of the population in Cable Beach report their income range as between $78,000 and $130,000 .

The median household income in Cable Beach was $1,883 in 2011, a +37.05% change compared to 2006.

Most of the population in Cable Beach work as Professional.

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

Most of the population in Cable Beach reached a qualification level of Certificate.

2011 2016

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