Gingin is a small community in Western Australia within the Gingin local government area (postcode 6503). With a population of 902, the suburb has an established demographic with a median age of 40. Households earn a median income of $83K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Gingin is $515,000, having grown strongly 7.3% over the past year. Units have a median price of $360,000 (+6.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,699.
Gingin is served by 1 school, including 1 combined. The average ICSEA score is 954, which is around the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Gingin offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($515K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +7.3% year-on-year.
Gingin is a small community in Western Australia within the Gingin local government area (postcode 6503). With a population of 902, the suburb has an established demographic with a median age of 40. Households earn a median income of $83K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are Australian, English, Scottish.
The median house price in Gingin is $515,000, having grown strongly 7.3% over the past year. Units have a median price of $360,000 (+6.7% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,699.
Gingin is served by 1 school, including 1 combined. The average ICSEA score is 954, which is around the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Gingin offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($515K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +7.3% year-on-year.