Madeley is a mid-sized suburb in Western Australia within the Wanneroo local government area (postcode 6065). With a population of 6,805, the suburb has an established demographic with a median age of 38. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Italian.
The median house price in Madeley is $764,000, having surged 13.8% over the past year. Units have a median price of $570,000 (+25.8% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,020.
Madeley is served by 1 school, including 1 primary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 33 bus stops.
From an investment perspective, Madeley offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($764K/$951K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +13.8% year-on-year.
Madeley is a mid-sized suburb in Western Australia within the Wanneroo local government area (postcode 6065). With a population of 6,805, the suburb has an established demographic with a median age of 38. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Italian.
The median house price in Madeley is $764,000, having surged 13.8% over the past year. Units have a median price of $570,000 (+25.8% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,020.
Madeley is served by 1 school, including 1 primary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 33 bus stops.
From an investment perspective, Madeley offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($764K/$951K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +13.8% year-on-year.