Hocking (postcode 6065) is a mid-sized suburb in Western Australia within the Wanneroo local government area. It is home to about 6,987 residents, with a blend of families and working-age professionals and a median age of 34. Households earn a median income of $116K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% 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 construction. The top ancestries reported are English, Australian, Irish.
The median house price in Hocking is $700,000, having surged by 16.7% over the past year. Units have a median price of $528,000 (+12.2% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,965.
Hocking is served by 2 schools, including 2 primary. The average ICSEA score is 1042, which is around the national average of 1,000. Public transport access includes 16 bus stops.
On the investment side, Hocking shows a gross rental yield of approximately 5.4%, rated as high yield. Property prices are near the state median ($700K/$951K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +16.7% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.