Ballajura is a well-established suburb in Western Australia within the Swan local government area (postcode 6066). With a population of 18,459, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $90K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Ballajura is $630,000, having surged 21.2% over the past year. Units have a median price of $438,000 (+25% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,703.
Ballajura is served by 6 schools, including 4 primary, 1 secondary, 1 special. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 77 bus stops.
From an investment perspective, Ballajura offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($630K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +21.2% year-on-year.
Ballajura is a well-established suburb in Western Australia within the Swan local government area (postcode 6066). With a population of 18,459, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $90K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Ballajura is $630,000, having surged 21.2% over the past year. Units have a median price of $438,000 (+25% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,703.
Ballajura is served by 6 schools, including 4 primary, 1 secondary, 1 special. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 77 bus stops.
From an investment perspective, Ballajura offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($630K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +21.2% year-on-year.