Kulin (postcode 6365) is a small, quiet locality in Western Australia within the Kulin local government area. With a population of 352, the suburb has a settled, mature resident base with a median age of 45. Households earn a median income of $71K per year, with an average household size of 2.2 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 managers, machinery operators & drivers, labourers. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Irish.
Kulin has a median house price of $165,000, which has risen steeply by 17.9% year-on-year. The median weekly rent is $170 (Census 2021). This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $561.
Kulin is served by 1 school, including 1 combined. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 1 bus stop.
Looking at the investment signals, The gross rental yield works out to roughly 5.4%, which reads as high yield. Property prices sit below the state median ($165K/$951K), which can point to relative value. The price-to-income ratio of 2.3x is considered affordable. House prices have moved +17.9% 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.