Katanning (postcode 6317) is a smaller suburb in Western Australia within the Katanning local government area. The area has roughly 3,637 residents and an established family 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% 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 labourers, technicians & trades, professionals. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
Katanning has a median house price of $254,000, which has surged by 27% year-on-year. Units have a median price of $100,000. The current median weekly rent is $450. This gives a gross rental yield of approximately 9.2%. 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.
Looking at the investment signals, Katanning shows a gross rental yield of approximately 9.2%, rated as high yield. Property prices sit below the state median ($254K/$951K), which can point to relative value. The price-to-income ratio of 3.7x is considered affordable. House prices have moved +27.0% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.