Maddington is a well-established suburb in Western Australia within the Gosnells local government area (postcode 6109). It is home to about 12,419 residents, with a blend of families and working-age professionals and a median age of 35. Households earn a median income of $71K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% 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 most common occupations are technicians & trades, labourers, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Filipino.
Maddington has a median house price of $560,000, which has surged by 34.9% year-on-year. Units have a median price of $370,000 (+8.8% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,509.
Maddington is served by 6 schools, including 3 primary, 1 secondary, 2 special. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 92 bus stops.
Looking at the investment signals, Gross rental yield sits at around 5.9% (high yield). Property prices sit below the state median ($560K/$951K), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +34.9% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.