Gidgegannup (postcode 6083) is a smaller residential area in Western Australia within the Swan local government area. The area has roughly 2,818 residents and a mature demographic, with a median age of 47. Households earn a median income of $127K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.0% 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, managers, professionals. Employment in the area leans toward mining and construction. The top ancestries reported are English, Australian, Scottish.
Gidgegannup has a median house price of $1.2 million, which has surged by 52.3% year-on-year. The current median weekly rent is $850. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,300.
Gidgegannup is served by 1 school, including 1 primary. The average ICSEA score is 1006, which is around the national average of 1,000.
Looking at the investment signals, Gidgegannup shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +52.3% year-on-year. Population growth of +4.0% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.