Manjimup is a smaller suburb in Western Australia within the Manjimup local government area (postcode 6258). With a population of 4,279, the suburb has an established demographic with a median age of 42. Households earn a median income of $63K per year, with an average household size of 2.2 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 Manjimup is $340,000, having surged 13.3% over the past year. Units have a median price of $275,000 (+41% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,148.
Manjimup is served by 5 schools, including 2 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital.
From an investment perspective, Manjimup offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($340K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +13.3% year-on-year.
Manjimup is a smaller suburb in Western Australia within the Manjimup local government area (postcode 6258). With a population of 4,279, the suburb has an established demographic with a median age of 42. Households earn a median income of $63K per year, with an average household size of 2.2 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 Manjimup is $340,000, having surged 13.3% over the past year. Units have a median price of $275,000 (+41% YoY). The current median weekly rent is $390. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,148.
Manjimup is served by 5 schools, including 2 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital.
From an investment perspective, Manjimup offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($340K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +13.3% year-on-year.