Kronkup is a sparsely populated locality in Western Australia within the Albany local government area (postcode 6330). With a population of 262, the suburb has an older-leaning population with a median age of 50. Households earn a median income of $89K 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 +1.4% year-on-year at the LGA level. WA employment has moved +1.9% 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 professionals, managers, technicians & trades. Employment in the area leans toward education and agriculture. The top ancestries reported are English, Australian, Irish.
Median house prices in Kronkup stand at $500,000, having jumped by 138.1% over the last twelve months. The median weekly rent is $263 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,625.
Kronkup is served by 1 school, including 1 primary. The average ICSEA score is 1021, which is around the national average of 1,000.
Looking at the investment signals, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices sit below the state median ($500K/$1.0M), which can point to relative value. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +138.1% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.