Hazelmere WA

Postcode 6055 · Swan LGA

Hazelmere is a small community in Western Australia within the Swan local government area (postcode 6055). With a population of 935, the suburb has a mature demographic with a median age of 49. Households earn a median income of $63K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in Hazelmere is $749,000, having surged 17% over the past year. Units have a median price of $600,000 (+16.5% YoY). The current median weekly rent is $240. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,903.

Public transport access includes 17 bus stops.

From an investment perspective, Hazelmere offers a gross rental yield of 1.7%, rated as low yield. Property prices are near the state median ($749K/$951K). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +17.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.7% Low Yield
Price vs State$749K/$951K Near Median
Affordability11.9x Stretched
Price Momentum+17.0% Rising
INCOME (ATO 2022-23)
Median Income$74,641
Mean Income$86,734
Earners4,186
YoY Change+4.6%
SEIFA INDEX (ABS)
Advantage6/10
Education5/10
Economic6/10
Disadvantage6/10
MEDIAN HOUSE
$749K
17% YoY
MEDIAN UNIT
$600K
16.5% YoY
MEDIAN RENT /WK
$300
POPULATION
935
DEMOGRAPHICS
Median Age49
Household Size2.2
HH Income /wk$1,208
Personal Income /wk$639
Mortgage /mth$1,903
TRANSPORT
Bus Stops17
Data: 2024