Located in Western Australia within the Mundaring local government area, Helena Valley is a smaller suburb (postcode 6056). The area has roughly 4,130 residents and an established family demographic, with a median age of 42. Households earn a median income of $106K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.7% 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Helena Valley has a median house price of $675,000, which has risen steeply by 12.5% year-on-year. Units have a median price of $408,000. The current median weekly rent is $790. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $2,100.
Helena Valley is served by 1 school, including 1 primary. The average ICSEA score is 1022, which is around the national average of 1,000. Public transport access includes 21 bus stops.
On the investment side, Helena Valley shows a gross rental yield of approximately 6.1%, rated as high yield. Property prices are near the state median ($675K/$951K). The price-to-income ratio of 6.4x is considered moderate. House prices have moved +12.5% year-on-year. Population growth of +2.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.