Balcatta is a well-established suburb in Western Australia within the Stirling local government area (postcode 6021). With a population of 10,813, the suburb has an established demographic with a median age of 39. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Balcatta is $773,000, having surged 18.9% over the past year. Units have a median price of $550,000 (+27.2% YoY). The current median weekly rent is $655. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,756.
Balcatta is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1059, which is above the national average of 1,000. Public transport access includes 78 bus stops.
From an investment perspective, Balcatta offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($773K/$951K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved +18.9% year-on-year.
Balcatta is a well-established suburb in Western Australia within the Stirling local government area (postcode 6021). With a population of 10,813, the suburb has an established demographic with a median age of 39. Households earn a median income of $80K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Balcatta is $773,000, having surged 18.9% over the past year. Units have a median price of $550,000 (+27.2% YoY). The current median weekly rent is $655. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,756.
Balcatta is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1059, which is above the national average of 1,000. Public transport access includes 78 bus stops.
From an investment perspective, Balcatta offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($773K/$951K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved +18.9% year-on-year.