Kununurra is a mid-sized suburb in Western Australia within the Wyndham-East Kimberley local government area (postcode 6743). With a population of 5,494, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $109K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Kununurra is $411,000, having grown strongly 9.6% over the past year. Units have a median price of $318,000 (+10.4% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $2,019.
Kununurra is served by 6 schools, including 2 primary, 3 combined, 1 special. The average ICSEA score is 723, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital.
From an investment perspective, Kununurra offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($411K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +9.6% year-on-year.
Kununurra is a mid-sized suburb in Western Australia within the Wyndham-East Kimberley local government area (postcode 6743). With a population of 5,494, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $109K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Kununurra is $411,000, having grown strongly 9.6% over the past year. Units have a median price of $318,000 (+10.4% YoY). The current median weekly rent is $610. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $2,019.
Kununurra is served by 6 schools, including 2 primary, 3 combined, 1 special. The average ICSEA score is 723, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital.
From an investment perspective, Kununurra offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($411K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +9.6% year-on-year.