Heathridge WA

Postcode 6027 · Joondalup LGA

Heathridge is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6027). With a population of 6,898, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $93K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Heathridge is $753,000, having surged 29.1% over the past year. Units have a median price of $552,000 (+14.3% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,734.

Heathridge is served by 3 schools, including 3 primary. The average ICSEA score is 1014, which is around the national average of 1,000. Public transport access includes 42 bus stops.

From an investment perspective, Heathridge offers a gross rental yield of 4.7%, rated as moderate yield. Property prices are near the state median ($753K/$951K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +29.1% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.7% Moderate Yield
Price vs State$753K/$951K Near Median
Affordability8.1x Moderate
Price Momentum+29.1% Rising
INCOME (ATO 2022-23)
Median Income$65,174
Mean Income$76,275
Earners7,538
YoY Change+8%
SEIFA INDEX (ABS)
Advantage6/10
Education5/10
Economic5/10
Disadvantage6/10
MEDIAN HOUSE
$753K
29.1% YoY
MEDIAN UNIT
$552K
14.3% YoY
MEDIAN RENT /WK
$370
POPULATION
6,898
DEMOGRAPHICS
Median Age36
Household Size2.5
HH Income /wk$1,782
Personal Income /wk$874
Mortgage /mth$1,734
TRANSPORT
Bus Stops42
SCHOOLS (3)
Avg ICSEA1014
Total Students780
Government3
Eddystone Primary SchoolPrimary · Government · ICSEA 1013
Poseidon Primary SchoolPrimary · Government · ICSEA 1018
Heathridge Primary SchoolPrimary · Government · ICSEA 1011
Data: 2024