Mindarie is a mid-sized suburb in Western Australia within the Wanneroo local government area (postcode 6030). With a population of 7,867, the suburb has a mature demographic with a median age of 45. Households earn a median income of $133K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Mindarie is $800,000, having surged 19.4% over the past year. Units have a median price of $750,000 (+28.2% YoY). The current median weekly rent is $862. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $2,362.
Mindarie is served by 4 schools, including 1 primary, 1 secondary, 2 combined. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 47 bus stops.
From an investment perspective, Mindarie offers a gross rental yield of 5.6%, rated as high yield. Property prices are near the state median ($800K/$951K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +19.4% year-on-year.
Mindarie is a mid-sized suburb in Western Australia within the Wanneroo local government area (postcode 6030). With a population of 7,867, the suburb has a mature demographic with a median age of 45. Households earn a median income of $133K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Mindarie is $800,000, having surged 19.4% over the past year. Units have a median price of $750,000 (+28.2% YoY). The current median weekly rent is $862. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $2,362.
Mindarie is served by 4 schools, including 1 primary, 1 secondary, 2 combined. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 47 bus stops.
From an investment perspective, Mindarie offers a gross rental yield of 5.6%, rated as high yield. Property prices are near the state median ($800K/$951K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +19.4% year-on-year.