Morley is a sizeable suburb in Western Australia within the Bayswater local government area (postcode 6062). It is home to about 22,539 residents, with a settled mid-life population and a median age of 39. Households earn a median income of $82K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. WA employment has moved +2.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Italian.
Median house prices in Morley stand at $930,000, having climbed sharply by 14.8% over the last twelve months. Units have a median price of $465,000 (+22.4% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,733.
Morley is served by 6 schools, including 4 primary, 2 secondary. The average ICSEA score is 1032, which is around the national average of 1,000. Public transport access includes 1 rail station, 131 bus stops.
From an investment perspective, Gross rental yield sits at around 3.4% (moderate yield). Property prices are near the state median ($930K/$1.0M). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +14.8% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.