Irwin (postcode 6525) is a quiet locality in Western Australia within the Irwin local government area. With a population of 72, the suburb has a more retirement-aged population with a median age of 55. Households earn a median income of $68K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. WA employment has moved +2.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, clerical & administrative. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
Irwin has a median house price of $450,000, which has risen steeply by 15.4% year-on-year. Units have a median price of $385,000 (+49.8% YoY). The median weekly rent is $230 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,062.
From an investment perspective, Gross rental yield sits at around 2.7% (low yield). Property prices sit below the state median ($450K/$1.0M), which can point to relative value. The price-to-income ratio of 6.6x is considered moderate. House prices have moved +15.4% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.