East Perth WA

Postcode 6004 · Perth LGA

East Perth is a well-established suburb in Western Australia within the Perth local government area (postcode 6004). With a population of 11,681, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $104K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Chinese, Australian.

The median house price in East Perth is $1.4 million, having declined 6.9% over the past year. Units have a median price of $470,000 (+9.2% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,950.

East Perth is served by 1 school, including 1 combined. The average ICSEA score is 1113, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 48 bus stops. Healthcare facilities include 1 public hospital.

From an investment perspective, East Perth offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.4M/$951K), placing it in the premium segment. The price-to-income ratio of 12.9x is considered stretched. House prices have moved -6.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.4% Low Yield
Price vs State$1.4M/$951K Above Median
Affordability12.9x Stretched
Price Momentum-6.9% Falling
INCOME (ATO 2022-23)
Median Income$66,409
Mean Income$93,453
Earners10,566
YoY Change-1.8%
SEIFA INDEX (ABS)
Advantage7/10
Education10/10
Economic1/10
Disadvantage10/10
MEDIAN HOUSE
$1.4M
-6.9% YoY
MEDIAN UNIT
$470K
9.2% YoY
MEDIAN RENT /WK
$410
POPULATION
11,681
DEMOGRAPHICS
Median Age35
Household Size1.8
HH Income /wk$2,005
Personal Income /wk$1174
Mortgage /mth$1,950
TRANSPORT
Rail Stations2
Bus Stops48
City Farm Pl Claisebrook Station Cat Id 45
Claisebrook Stn Platform 1
SCHOOLS (1)
Avg ICSEA1113
Total Students1,347
Catholic1
Trinity CollegeCombined · Catholic · ICSEA 1113
HOSPITALS (1)
Next Step Drug And Alcohol Services, East Perthpublic
Data: 2024