Friday, March 11, 2011

Least Affordable Districts in WA

A housing affordability index has been released by Bankwest showing the number of years an average person would take to pay off a house in each local council in Perth. Here are a few of the list ranked from least affordable to most affordable. Note that these are not the suburbs but the council that they belong to and this includes all local government districts in WA (not just Perth).

Affordability in WA local government areas (anything under 5 is rated affordable)

Peppermint Grove 49.9
Cottesloe 24.5
Claremont 18.8
Mosman Park 17.9
Subiaco 15.5
East Fremantle 14.7
Vincent 10.7
Perth City 10.5
Roebourne 9.6
Port Hedland 9.5
Melville 9.4
Fremantle 9.3
Stirling 8.6
East Pilbara 8.2
Victoria Park 8.2
Broome 7.6
Joondalup 7.1
Bayswater 6.8
Gingin 6.8
Augusta-Margaret River 6.6
Canning 6.6
Chittering 6.6
Busselton 6.4
Cockburn 6.2
Cambridge 16.1
Exmouth 6.1
Belmont 6
Bassendean 6
Wyndham 6
Kalamunda 5.7
Mundaring 5.7
Capel 5.5
Wanneroo 5.5
Denmark 5.4
Irwin 5.4
Serpentine-Jarrahdale 5.4
Dandaragan 5.2
Swan 5.2
Ashburton 5.1
Murray 5
Greenough 5
Albany 4.9
Gosnells 4.9
Harvey 4.8
Mandurah 4.8
Northampton 4.8
Derby 4.7
Rockingham 4.7
Boddington 4.6
Geraldton 4.6
Coorow 4.5
Dardanup 4.5
Esperance 4.4
Armadale 4.2
Bunbury 4.2
Toodyay 4.2
Waroona 4.1
Donnybrook-Balingup 4
Kalgoorlie-Boulder 3.9
Carnarvon 3.8
York 3.8
Bridgetown 3.7
Kwinana 3.7
Jerramungup 3.5
Manjimup 3.3
Collie 3.2
Northam 3.2
Narrogin 3.1
Brookton 2.9
Plantagenet 2.9
Beverley 2.7
Kojonup 2.6
Boyup Brook 2.5
Katanning 2.5
Wagin 2.5
Williams 2.5
Goomalling 2.3
Merredin 2.3
Quairading 2.3
Nedlands 22.2
Pingelly 2.2
Wongan-Ballidu 2.2
Moora 2.1
Mingenew 2
Corrigin 2
Coolgardie 1.9
Kellerberrin 1.9
South Perth 11.9
Victoria Plains 1.9
Bruce Rock 1.7
Dalwallinu 1.7
Kulin 1.7
Morawa 1.7
Gnowangerup 1.6
Lake Grace 1.6
Wyalkatchem 1.6
Yilgarn 1.6
Three Springs 1.5
Leonora 1.4
Narembeen 1.3
Dundas 1.2
Mount Magnet 0.9

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