High Wycombe is a settled mid-to-large suburb in Western Australia within the Kalamunda local government area (postcode 6057). With a population of 12,198, the suburb has an established demographic with a median age of 38. Households earn a median income of $91K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 technicians & trades, clerical & administrative, machinery operators & drivers. Employment in the area leans toward healthcare and transport & logistics. The top ancestries reported are English, Australian, Scottish.
The median house price in High Wycombe is $611,000, having risen steeply by 18.6% over the past year. Units have a median price of $453,000 (+2.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,733.
High Wycombe is served by 3 schools, including 3 primary. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 62 bus stops.
On the investment side, The gross rental yield works out to roughly 6.0%, which reads as high yield. Property prices sit below the state median ($611K/$951K), which can point to relative value. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +18.6% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.