Narrikup is a small community in Western Australia within the Plantagenet local government area (postcode 6326). With a population of 514, the suburb has an older-leaning population with a median age of 49. Households earn a median income of $83K 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 +0.5% year-on-year at the LGA level. WA employment has moved +1.9% 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 managers, labourers, professionals. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are English, Australian, Scottish.
The median house price in Narrikup is $495,000, having climbed sharply by 23.8% over the past year. The median weekly rent is $240 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,444.
Public transport access includes 2 bus stops.
On the investment side, The gross rental yield works out to roughly 2.5%, which reads as low yield. Property prices sit below the state median ($495K/$1.0M), which can point to relative value. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +23.8% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.