Located in Western Australia within the Kwinana local government area, Calista is a small community (postcode 6167). It is home to about 1,975 residents, with a mature demographic and a median age of 48. Households earn a median income of $50K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.6% 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, labourers, machinery operators & drivers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Calista has a median house price of $448,000, which has risen steeply by 27.9% year-on-year. Units have a median price of $275,000 (+22.2% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,300.
Calista is served by 1 school, including 1 primary. The average ICSEA score is 920, which is below the national average of 1,000. Public transport access includes 17 bus stops.
On the investment side, The gross rental yield works out to roughly 6.3%, which reads as high yield. Property prices sit below the state median ($448K/$951K), which can point to relative value. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +27.9% year-on-year. Population growth of +4.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.