Located in Western Australia within the Dardanup local government area, Dardanup is a close-knit residential community (postcode 6236). The area has roughly 588 residents and an established demographic, with a median age of 41. Households earn a median income of $88K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% 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 manufacturing and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Dardanup is $575,000, having fallen sharply by 10.9% over the past year. The current median weekly rent is $298. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,625.
Dardanup is served by 2 schools, including 2 primary. The average ICSEA score is 1018, which is around the national average of 1,000.
On the investment side, Dardanup shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices sit below the state median ($575K/$951K), which can point to relative value. The price-to-income ratio of 6.5x is considered moderate. House prices have moved -10.9% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.