Banjup WA

Postcode 6164 · Cockburn LGA

Banjup is a small community in Western Australia within the Cockburn local government area (postcode 6164). With a population of 1,377, the suburb has an established demographic with a median age of 42. Households earn a median income of $130K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.

The median house price in Banjup is $730,000, having surged 20.9% over the past year. Units have a median price of $428,000 (+12.2% YoY). The current median weekly rent is $1020. This gives a gross rental yield of approximately 7.3%. The median monthly mortgage repayment is $2,100.

Public transport access includes 6 bus stops.

From an investment perspective, Banjup offers a gross rental yield of 7.3%, rated as high yield. Property prices are near the state median ($730K/$951K). The price-to-income ratio of 5.6x is considered affordable. House prices have moved +20.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield7.3% High Yield
Price vs State$730K/$951K Near Median
Affordability5.6x Affordable
Price Momentum+20.9% Rising
INCOME (ATO 2022-23)
Median Income$69,912
Mean Income$83,585
Earners16,270
YoY Change+5.6%
SEIFA INDEX (ABS)
Advantage9/10
Education8/10
Economic10/10
Disadvantage9/10
MEDIAN HOUSE
$730K
20.9% YoY
MEDIAN UNIT
$428K
12.2% YoY
MEDIAN RENT /WK
$450
POPULATION
1,377
DEMOGRAPHICS
Median Age42
Household Size3
HH Income /wk$2,507
Personal Income /wk$860
Mortgage /mth$2,100
TRANSPORT
Bus Stops6
Data: 2024