Collie is a medium-sized suburb in Western Australia within the Collie local government area (postcode 6225). With a population of 7,599, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $61K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% 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, machinery operators & drivers, labourers. Employment in the area leans toward mining and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Collie is $349,000, having climbed sharply by 28.1% over the past year. Units have a median price of $250,000 (+11.1% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 8.2%. The median monthly mortgage repayment is $1,263.
Collie is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 927, which is below the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital.
Looking at the investment signals, Gross rental yield sits at around 8.2% (high yield). Property prices sit below the state median ($349K/$951K), which can point to relative value. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +28.1% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.