Located in Western Australia within the Manjimup local government area, Lake Muir is a sparsely populated locality (postcode 6258). The area has roughly 7 residents and a predominantly older resident base, with a median age of 67. Households earn a median income of $58K per year, with an average household size of 1.7 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 +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 median monthly mortgage repayment is $300.
Public transport access includes 1 bus stop.
On the investment side, 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.