Cunderdin is a small community in Western Australia within the Cunderdin local government area (postcode 6407). With a population of 824, the suburb has a blend of families and working-age professionals with a median age of 35. Households earn a median income of $82K per year, with an average household size of 2.3 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.5% 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 managers, technicians & trades, labourers. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Filipino.
The median house price in Cunderdin is $170,000, having eased back by 1.4% over the past year. The current median weekly rent is $352. This gives a gross rental yield of approximately 10.8%. The median monthly mortgage repayment is $1,246.
Cunderdin is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 2 bus stops.
On the investment side, Cunderdin shows a gross rental yield of approximately 10.8%, rated as high yield. Property prices sit below the state median ($170K/$951K), which can point to relative value. The price-to-income ratio of 2.1x is considered affordable. House prices have moved -1.4% year-on-year. Population growth of -1.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.