Binningup (postcode 6233) is a small community in Western Australia within the Harvey local government area. It is home to about 1,296 residents, with a settled, mature resident base and a median age of 45. Households earn a median income of $91K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, labourers. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, Irish.
Binningup has a median house price of $788,000, which has climbed sharply by 29.6% year-on-year. The current median weekly rent is $620. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,820.
Public transport access includes 2 bus stops.
Looking at the investment signals, Binningup shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices are near the state median ($788K/$1.0M). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +29.6% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.