Meekatharra is a small community in Western Australia within the Meekatharra local government area (postcode 6642). With a population of 849, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $66K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are Aboriginal Australian, English, Australian.
The median house price in Meekatharra is $61,000, having risen modestly 0.8% over the past year. The median weekly rent is $110 (Census 2021). This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $650.
Meekatharra is served by 1 school, including 1 combined. The average ICSEA score is 672, which is well below the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Meekatharra offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($61K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 0.9x is considered affordable. House prices have moved +0.8% year-on-year.
Meekatharra is a small community in Western Australia within the Meekatharra local government area (postcode 6642). With a population of 849, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $66K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, machinery operators & drivers, managers. The top ancestries reported are Aboriginal Australian, English, Australian.
The median house price in Meekatharra is $61,000, having risen modestly 0.8% over the past year. The median weekly rent is $110 (Census 2021). This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $650.
Meekatharra is served by 1 school, including 1 combined. The average ICSEA score is 672, which is well below the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Meekatharra offers a gross rental yield of 9.5%, rated as high yield. Property prices sit below the state median ($61K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 0.9x is considered affordable. House prices have moved +0.8% year-on-year.