Calingiri WA Property Investment

CAUTION — 5.1% gross yield on a $182,000 (pending peer validation) median.

Median house price in Calingiri sits at $182,000 (pending peer validation) with 43 days on market and a 2.8% vacancy rate. This is a balanced market right now.

• Median house: $182,000 (pending peer validation) | Units: $0
• Gross yield: 5.1% | Net yield: 3.6%
• 5yr price CAGR: -10.1%/yr | 3yr forecast: -9.1%/yr
• Population: 198 | Owner-occupier rate: 64% | Affluence: Above Average

• Supply pipeline: Moderate — Development activity consistent with long-term averages

• Vacancy: 2.8% (worsening) | Rental demand: Moderate
• Median weekly rent: $180/wk | Days on market: 43 (stable)
• Balanced market — vacancy manageable but monitor trend.

• Median nightly rate: $696/night | Occupancy: 37%
• Estimated annual STR gross: ~$94,046/yr
• vs long-term rent: $9,360/yr (+905% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Calingiri station 0.2km away

If Calingiri maintains 3%+ annual growth and vacancy stays below 2.0%, median prices could reach $209,300 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Calingiri pull back 10-15% from $182,000, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

• Negative price growth suggests a softening market
• - Distance from CBD may limit long-term capital growth potential

• Bolgart (WA): $135,000 median, 5.0% yield, 0.0% 1yr growth
• Pannawonica (WA): $222,725 median, 0.7% yield, 0.0% 1yr growth
• Kambalda East (WA): $209,982 median, 9.9% yield, 15.0% 1yr growth

Calingiri carries elevated risk that outweighs potential returns at current levels. A stable market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $163,800 – $200,200
• Minimum gross yield to target: 5.4%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.