Byford is a well-established suburb in Western Australia within the Serpentine-Jarrahdale local government area (postcode 6122). With a population of 18,878, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $107K per year, with an average household size of 3 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Byford is $630,000, having surged 27.7% over the past year. Units have a median price of $358,000 (+15.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,898.
Byford is served by 8 schools, including 6 primary, 1 secondary, 1 combined. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 rail station, 86 bus stops.
From an investment perspective, Byford offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($630K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +27.7% year-on-year.
Byford is a well-established suburb in Western Australia within the Serpentine-Jarrahdale local government area (postcode 6122). With a population of 18,878, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $107K per year, with an average household size of 3 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Byford is $630,000, having surged 27.7% over the past year. Units have a median price of $358,000 (+15.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,898.
Byford is served by 8 schools, including 6 primary, 1 secondary, 1 combined. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 rail station, 86 bus stops.
From an investment perspective, Byford offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($630K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +27.7% year-on-year.