East Bunbury (postcode 6230) is a smaller suburb in Western Australia within the Bunbury local government area. The area has roughly 4,019 residents and a mature demographic, with a median age of 47. Households earn a median income of $62K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, labourers, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
East Bunbury has a median house price of $495,000, which has risen steeply by 20.7% year-on-year. Units have a median price of $360,000 (+4.2% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $1,470.
East Bunbury is served by 1 school, including 1 primary. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 30 bus stops.
From an investment perspective, East Bunbury shows a gross rental yield of approximately 6.5%, rated as high yield. Property prices sit below the state median ($495K/$951K), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +20.7% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.