Collie is a mid-sized suburb in Western Australia within the Collie local government area (postcode 6225). With a population of 7,599, the suburb has an established demographic with a median age of 43. Households earn a median income of $61K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Collie is $349,000, having surged 28.1% over the past year. Units have a median price of $250,000 (+11.1% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 7.0%. 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.
From an investment perspective, Collie offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($349K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +28.1% year-on-year.
Collie is a mid-sized suburb in Western Australia within the Collie local government area (postcode 6225). With a population of 7,599, the suburb has an established demographic with a median age of 43. Households earn a median income of $61K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Collie is $349,000, having surged 28.1% over the past year. Units have a median price of $250,000 (+11.1% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 7.0%. 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.
From an investment perspective, Collie offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($349K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +28.1% year-on-year.