Butler is a well-established suburb in Western Australia within the Wanneroo local government area (postcode 6036). With a population of 13,473, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $89K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Butler is $565,000, having surged 25.6% over the past year. Units have a median price of $350,000 (+10.2% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,733.
Butler is served by 6 schools, including 4 primary, 2 secondary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 52 bus stops.
From an investment perspective, Butler offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($565K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +25.6% year-on-year.
Butler is a well-established suburb in Western Australia within the Wanneroo local government area (postcode 6036). With a population of 13,473, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $89K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Butler is $565,000, having surged 25.6% over the past year. Units have a median price of $350,000 (+10.2% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,733.
Butler is served by 6 schools, including 4 primary, 2 secondary. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 52 bus stops.
From an investment perspective, Butler offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($565K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +25.6% year-on-year.