Bayonet Head (postcode 6330) is a smaller suburb in Western Australia within the Albany local government area. The area has roughly 3,272 residents and an established family demographic, with a median age of 42. Households earn a median income of $70K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Bayonet Head stand at $505,000, having risen steeply by 12.2% over the last twelve months. The current median weekly rent is $650. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 25 bus stops.
On the investment side, Bayonet Head shows a gross rental yield of approximately 6.7%, rated as high yield. Property prices sit below the state median ($505K/$951K), which can point to relative value. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +12.2% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.