Casuarina WA

Postcode 6167 · Kwinana LGA

Casuarina is a small community in Western Australia within the Kwinana local government area (postcode 6167). With a population of 1,987, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $119K per year, with an average household size of 3 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Irish.

The median house price in Casuarina is $718,000, having grown strongly 9.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,300.

From an investment perspective, Casuarina offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($718K/$951K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +9.6% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.3% Moderate Yield
Price vs State$718K/$951K Near Median
Affordability6.0x Moderate
Price Momentum+9.6% Rising
INCOME (ATO 2022-23)
Median Income$73,222
Mean Income$82,928
Earners6,318
YoY Change+6.6%
SEIFA INDEX (ABS)
Advantage6/10
Education3/10
Economic10/10
Disadvantage6/10
MEDIAN HOUSE
$718K
9.6% YoY
MEDIAN RENT /WK
$428
POPULATION
1,987
DEMOGRAPHICS
Median Age36
Household Size3
HH Income /wk$2,284
Personal Income /wk$808
Mortgage /mth$2,300
Data: 2024