Alexander Heights WA

Postcode 6064 · Wanneroo LGA

Alexander Heights is a mid-sized suburb in Western Australia within the Wanneroo local government area (postcode 6064). With a population of 7,772, the suburb has an established demographic with a median age of 39. Households earn a median income of $89K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Vietnamese.

The median house price in Alexander Heights is $600,000, having surged 33.3% over the past year. Units have a median price of $440,000 (+28.5% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,733.

Alexander Heights is served by 1 school, including 1 primary. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 34 bus stops.

From an investment perspective, Alexander Heights offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($600K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +33.3% year-on-year.

INVESTMENT SIGNALS
Rental Yield6.1% High Yield
Price vs State$600K/$951K Below Median
Affordability6.8x Moderate
Price Momentum+33.3% Rising
INCOME (ATO 2022-23)
Median Income$52,960
Mean Income$59,638
Earners7,456
YoY Change+7.7%
SEIFA INDEX (ABS)
Advantage3/10
Education3/10
Economic7/10
Disadvantage4/10
MEDIAN HOUSE
$600K
33.3% YoY
MEDIAN UNIT
$440K
28.5% YoY
MEDIAN RENT /WK
$360
POPULATION
7,772
DEMOGRAPHICS
Median Age39
Household Size2.9
HH Income /wk$1,709
Personal Income /wk$703
Mortgage /mth$1,733
TRANSPORT
Bus Stops34
SCHOOLS (1)
Avg ICSEA977
Total Students339
Government1
Alinjarra Primary SchoolPrimary · Government · ICSEA 977
Data: 2024