Watermans Bay — Houses

NEUTRAL
WA 6020 House Rank #222 of 244 in Perth ↓5
$2.44M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
82 buyers/listing
Strong
LIQUIDITY
34d DOM
Neutral
AFFORDABILITY
17.3% vs 5yr
Weak
GROWTH OUTLOOK
Good
Strong
YIELD
2.9%
Weak
SUPPLY PRESSURE
0.4% vacancy
Strong
#222/244 Good Structure 58 $2.44M

Atlaso rates Watermans Bay houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.37%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better houses options may be available in Perth.

At $2.44M, Watermans Bay ranks #222 of 244 houses in Perth. The long-term structural outlook is Good. Buyer demand is strong with 82 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Perth.

Watermans Bay Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
+11.4%
Asking Prices (3mo)
+16.2%
Rents (12mo)
0.6%
Vacancy
46%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.69M

House Weekly Rents (12 months)

$1,269/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 6020.

Suburb Profile

Watermans Bay at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,374/wk
Median household
Median Age
45
Years
Mortgage Stress
24%
of income
Population Growth
-0.3%
vs state +1.9%
Ownership Mix
40.6% owned 41.6% mortgage 15.8% renting

Demographic Trends

Watermans Bay Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Watermans Bay Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Watermans Bay a good suburb to invest in?
Atlaso rates Watermans Bay as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Watermans Bay and 46 Australian cities to generate this rating.
What is the median house price in Watermans Bay?
The current median house price in Watermans Bay, wa is $2.44M, with annual growth of +21.5%. Properties sell in approximately 34 days.
How fast do properties sell in Watermans Bay?
Properties in Watermans Bay sell in 34 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Watermans Bay?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Watermans Bay's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Watermans Bay?
The gross rental yield for houses in Watermans Bay is 2.9%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).