Augusta is a small community in Western Australia within the Augusta Margaret River local government area (postcode 6290). With a population of 1,463, the suburb has an older demographic with a median age of 62. Households earn a median income of $45K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Augusta is $800,000, having surged 25% over the past year. Units have a median price of $628,000 (+39.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,551.
Augusta is served by 1 school, including 1 primary. The average ICSEA score is 981, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Augusta offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($800K/$951K). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +25.0% year-on-year.
Augusta is a small community in Western Australia within the Augusta Margaret River local government area (postcode 6290). With a population of 1,463, the suburb has an older demographic with a median age of 62. Households earn a median income of $45K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Augusta is $800,000, having surged 25% over the past year. Units have a median price of $628,000 (+39.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,551.
Augusta is served by 1 school, including 1 primary. The average ICSEA score is 981, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Augusta offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($800K/$951K). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +25.0% year-on-year.