Craigie (postcode 6025) is a moderately sized suburb in Western Australia within the Joondalup local government area. With a population of 6,456, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $93K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Craigie is $715,000, having climbed sharply by 23.3% over the past year. Units have a median price of $550,000 (+19.6% YoY). The current median weekly rent is $725. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $1,733.
Craigie is served by 2 schools, including 2 primary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 27 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Craigie shows a gross rental yield of approximately 5.3%, rated as high yield. Property prices are near the state median ($715K/$951K). The price-to-income ratio of 7.7x is considered moderate. House prices have moved +23.3% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.