Katanning is a smaller suburb in Western Australia within the Katanning local government area (postcode 6317). With a population of 3,637, the suburb has an established demographic with a median age of 38. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Katanning is $254,000, having surged 27% over the past year. Units have a median price of $365,000 (+30.4% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,005.
Katanning is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Katanning offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($254K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved +27.0% year-on-year.
Katanning is a smaller suburb in Western Australia within the Katanning local government area (postcode 6317). With a population of 3,637, the suburb has an established demographic with a median age of 38. Households earn a median income of $68K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Katanning is $254,000, having surged 27% over the past year. Units have a median price of $365,000 (+30.4% YoY). The current median weekly rent is $350. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,005.
Katanning is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Katanning offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($254K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 3.7x is considered affordable. House prices have moved +27.0% year-on-year.