Lockridge WA

Postcode 6054 · Swan LGA

Lockridge is a smaller suburb in Western Australia within the Swan local government area (postcode 6054). With a population of 3,322, the suburb has an established demographic with a median age of 38. Households earn a median income of $63K per year, with an average household size of 2.4 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.

The median house price in Lockridge is $580,000, having surged 26.5% over the past year. Units have a median price of $389,000 (+22.6% YoY). The current median weekly rent is $585. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,300.

Lockridge is served by 2 schools, including 2 primary. The average ICSEA score is 958, which is around the national average of 1,000. Public transport access includes 26 bus stops.

From an investment perspective, Lockridge offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($580K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +26.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.2% High Yield
Price vs State$580K/$951K Below Median
Affordability9.2x Moderate
Price Momentum+26.5% Rising
INCOME (ATO 2022-23)
Median Income$62,968
Mean Income$72,798
Earners8,553
YoY Change+3.1%
SEIFA INDEX (ABS)
Advantage1/10
Education1/10
Economic1/10
Disadvantage1/10
MEDIAN HOUSE
$580K
26.5% YoY
MEDIAN UNIT
$389K
22.6% YoY
MEDIAN RENT /WK
$280
POPULATION
3,322
DEMOGRAPHICS
Median Age38
Household Size2.4
HH Income /wk$1,206
Personal Income /wk$591
Mortgage /mth$1,300
TRANSPORT
Bus Stops26
SCHOOLS (2)
Avg ICSEA958
Total Students713
Catholic1
Government1
Good Shepherd Catholic SchoolPrimary · Catholic · ICSEA 1064
Lockridge Primary SchoolPrimary · Government · ICSEA 851
Data: 2024