Located in Western Australia within the Brookton local government area, Brookton is a close-knit residential community (postcode 6306). The area has roughly 732 residents and a settled, mature resident base, with a median age of 51. Households earn a median income of $62K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 managers, labourers, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Brookton is $250,000, having climbed sharply by 25% over the past year. The current median weekly rent is $300. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,300.
Brookton is served by 1 school, including 1 combined. The average ICSEA score is 913, which is below the national average of 1,000. Public transport access includes 1 bus stop.
From an investment perspective, The gross rental yield works out to roughly 6.2%, which reads as high yield. Property prices sit below the state median ($250K/$951K), which can point to relative value. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +25.0% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.