Carnarvon WA

Postcode 6701 · Carnarvon LGA

Carnarvon is a quiet locality in Western Australia within the Carnarvon local government area (postcode 6701). With a population of 281, the suburb has an established demographic with a median age of 39. Households earn a median income of $70K per year, with an average household size of 2 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.

The median house price in Carnarvon is $315,000, having surged 23.5% over the past year. Units have a median price of $175,000 (-4.1% YoY). The current median weekly rent is $270. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $2,034.

Carnarvon is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 8 bus stops. Healthcare facilities include 1 public hospital.

From an investment perspective, Carnarvon offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($315K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 4.5x is considered affordable. House prices have moved +23.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.5% Moderate Yield
Price vs State$315K/$951K Below Median
Affordability4.5x Affordable
Price Momentum+23.5% Rising
INCOME (ATO 2022-23)
Median Income$52,253
Mean Income$63,795
Earners3,282
YoY Change+2.4%
SEIFA INDEX (ABS)
Advantage3/10
Education3/10
Economic1/10
Disadvantage4/10
MEDIAN HOUSE
$315K
23.5% YoY
MEDIAN UNIT
$175K
-4.1% YoY
MEDIAN RENT /WK
$210
POPULATION
281
DEMOGRAPHICS
Median Age39
Household Size2
HH Income /wk$1,350
Personal Income /wk$893
Mortgage /mth$2,034
TRANSPORT
Bus Stops8
SCHOOLS (3)
Avg ICSEA988
Total Students434
Catholic1
Independent1
Government1
St Mary Star of the Sea CollegeCombined · Catholic · ICSEA 951
Carnarvon Christian SchoolPrimary · Independent · ICSEA 967
Carnarvon School Of The AirPrimary · Government · ICSEA 1047
HOSPITALS (1)
Carnarvon Hospitalpublic
Data: 2024