Harvey is a smaller suburb in Western Australia within the Harvey local government area (postcode 6220). With a population of 3,462, the suburb has an established demographic with a median age of 44. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, machinery operators & drivers. The top ancestries reported are English, Australian, Italian.
The median house price in Harvey is $420,000, having surged 25.4% over the past year. Units have a median price of $358,000 (+25.5% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,517.
Harvey is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 1 rail station, 3 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Harvey offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($420K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +25.4% year-on-year.
Harvey is a smaller suburb in Western Australia within the Harvey local government area (postcode 6220). With a population of 3,462, the suburb has an established demographic with a median age of 44. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, machinery operators & drivers. The top ancestries reported are English, Australian, Italian.
The median house price in Harvey is $420,000, having surged 25.4% over the past year. Units have a median price of $358,000 (+25.5% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,517.
Harvey is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 1 rail station, 3 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Harvey offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($420K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +25.4% year-on-year.