Bull Creek is a mid-sized suburb in Western Australia within the Melville local government area (postcode 6149). With a population of 8,030, the suburb has an established demographic with a median age of 44. Households earn a median income of $98K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Chinese, Australian.
The median house price in Bull Creek is $1.1 million, having surged 28.2% over the past year. Units have a median price of $604,000 (-3.4% YoY). The current median weekly rent is $795. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,167.
Bull Creek is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1158, which is well above the national average of 1,000. Public transport access includes 30 bus stops.
From an investment perspective, Bull Creek offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +28.2% year-on-year.
Bull Creek is a mid-sized suburb in Western Australia within the Melville local government area (postcode 6149). With a population of 8,030, the suburb has an established demographic with a median age of 44. Households earn a median income of $98K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Chinese, Australian.
The median house price in Bull Creek is $1.1 million, having surged 28.2% over the past year. Units have a median price of $604,000 (-3.4% YoY). The current median weekly rent is $795. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,167.
Bull Creek is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1158, which is well above the national average of 1,000. Public transport access includes 30 bus stops.
From an investment perspective, Bull Creek offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +28.2% year-on-year.