Gelorup is a smaller suburb in Western Australia within the Capel local government area (postcode 6230). With a population of 2,255, the suburb has a mature demographic with a median age of 46. Households earn a median income of $121K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Gelorup is $833,000, having surged 15.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Gelorup is served by 1 school, including 1 combined. The average ICSEA score is 1100, which is well above the national average of 1,000.
From an investment perspective, Gelorup offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($833K/$951K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +15.6% year-on-year.
Gelorup is a smaller suburb in Western Australia within the Capel local government area (postcode 6230). With a population of 2,255, the suburb has a mature demographic with a median age of 46. Households earn a median income of $121K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Gelorup is $833,000, having surged 15.6% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Gelorup is served by 1 school, including 1 combined. The average ICSEA score is 1100, which is well above the national average of 1,000.
From an investment perspective, Gelorup offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($833K/$951K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +15.6% year-on-year.