College Grove is a small community in Western Australia within the Bunbury local government area (postcode 6230). With a population of 1,821, the suburb has an established demographic with a median age of 38. Households earn a median income of $99K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in College Grove is $405,000, having surged 26.6% over the past year. Units have a median price of $350,000 (+12.9% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 8.7%. The median monthly mortgage repayment is $1,556.
Public transport access includes 14 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
From an investment perspective, College Grove offers a gross rental yield of 8.7%, rated as high yield. Property prices sit below the state median ($405K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +26.6% year-on-year.
College Grove is a small community in Western Australia within the Bunbury local government area (postcode 6230). With a population of 1,821, the suburb has an established demographic with a median age of 38. Households earn a median income of $99K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in College Grove is $405,000, having surged 26.6% over the past year. Units have a median price of $350,000 (+12.9% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 8.7%. The median monthly mortgage repayment is $1,556.
Public transport access includes 14 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
From an investment perspective, College Grove offers a gross rental yield of 8.7%, rated as high yield. Property prices sit below the state median ($405K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 4.1x is considered affordable. House prices have moved +26.6% year-on-year.