Bateman is a smaller suburb in Western Australia within the Melville local government area (postcode 6150). With a population of 3,832, the suburb has an established demographic with a median age of 41. Households earn a median income of $119K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Bateman is $1.1 million, having surged 15.9% over the past year. Units have a median price of $748,000 (+7.3% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,200.
Bateman is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1121, which is well above the national average of 1,000. Public transport access includes 28 bus stops.
From an investment perspective, Bateman offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved +15.9% year-on-year.
Bateman is a smaller suburb in Western Australia within the Melville local government area (postcode 6150). With a population of 3,832, the suburb has an established demographic with a median age of 41. Households earn a median income of $119K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Bateman is $1.1 million, having surged 15.9% over the past year. Units have a median price of $748,000 (+7.3% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,200.
Bateman is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1121, which is well above the national average of 1,000. Public transport access includes 28 bus stops.
From an investment perspective, Bateman offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved +15.9% year-on-year.