Dianella (postcode 6059) is a sizeable suburb in Western Australia within the Stirling local government area. The area has roughly 24,169 residents and an established family demographic, with a median age of 43. Households earn a median income of $88K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Italian.
Median house prices in Dianella stand at $775,000, having jumped by 12.3% over the last twelve months. Units have a median price of $500,000 (+25% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $2,000.
Dianella is served by 13 schools, including 7 primary, 1 secondary, 3 combined, 2 special. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 109 bus stops.
Looking at the investment signals, Dianella shows a gross rental yield of approximately 4.6%, rated as moderate yield. Property prices are near the state median ($775K/$951K). The price-to-income ratio of 8.9x is considered moderate. House prices have moved +12.3% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.