Lake King (postcode 6356) is a small, quiet locality in Western Australia within the Lake Grace local government area. The area has roughly 84 residents and an established demographic, with a median age of 44. Households earn a median income of $88K 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 +0.9% year-on-year at the LGA level. WA employment has moved +2.4% 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 managers, machinery operators & drivers, professionals. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Lake King stand at $165,000, having surged by 38.4% over the last twelve months. The median weekly rent is $195 (Census 2021). This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,475.
Lake King is served by 1 school, including 1 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 1 bus stop.
On the investment side, Lake King shows a gross rental yield of approximately 6.1%, rated as high yield. Property prices sit below the state median ($165K/$1.0M), which can point to relative value. The price-to-income ratio of 1.9x is considered affordable. House prices have moved +38.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.