2. WA
  3. Armadale

Houses Units

Here you can find what you need to know about Piara Waters, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$800K Median Sale Price (National Average $485k) 170th In WA
22.70% Median Sale Price Change (1yr) (National Average 4.30%) 183rd In WA
$730pw Median Rent (National Average $395) 121st In WA
4.8% Median Gross Yield (National Average 4.24%) 198th In WA
Properties sold 277
Average discounting -2.34%
Average Days on Market 19
Stock on Market 188 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Piara Waters, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Piara Waters, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Piara Waters, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Piara Waters


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Piara Waters, WA 6112

Part of: Armadale Council No data available

The size of Piara Waters is approximately 6.7 square kilometres. It has 14 parks covering nearly 11.1% of total area. The population of Piara Waters in 2011 was 2,593 people. By 2016 the population was 9,107 showing a population growth of 251.2% in the area during that time. The predominant age group in Piara Waters is 30-39 years. Households in Piara Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Piara Waters work in a professional occupation. In 2011, 88.2% of the homes in Piara Waters were owner-occupied compared with 83.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Piara Waters

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Piara Waters   for Houses in last 12 months


There have been 277 Houses sold in Piara Waters in the past 12 months with a median sale price of $800K, up 22.7% annually. It takes on average 10 days to sell with vendor discounting of -2.3%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Harrisdale WA, 6112 20.96% $756,000 $723pw 5.0% View Suburb Profile
Southern River WA, 6110 22.43% $805,000 $720pw 4.7% View Suburb Profile
Piccadilly WA, 6430 11.76% $380,000 $600pw 8.2% View Suburb Profile
Canning Vale WA, 6155 21.99% $860,000 $750pw 4.5% View Suburb Profile
Treeby WA, 6164 19.44% $749,500 $730pw 5.1% View Suburb Profile
Seaforth NSW, 2092 4.94% $3,662,500 $1,800pw 2.6% View Suburb Profile

Currency

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