Bullsbrook (postcode 6084) is a moderately sized suburb in Western Australia within the Swan local government area. It is home to about 5,605 residents, with an established demographic and a median age of 38. Households earn a median income of $99K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.0% 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, machinery operators & drivers, clerical & administrative. Employment in the area leans toward construction and mining. The top ancestries reported are English, Australian, Scottish.
Median house prices in Bullsbrook stand at $592,000, having risen steeply by 26% over the last twelve months. The current median weekly rent is $705. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,950.
Bullsbrook is served by 1 school, including 1 combined. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 25 bus stops.
From an investment perspective, Gross rental yield sits at around 6.2% (high yield). Property prices sit below the state median ($592K/$951K), which can point to relative value. The price-to-income ratio of 6.0x is considered affordable. House prices have moved +26.0% year-on-year. Population growth of +4.0% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.