Narrogin is a smaller suburb in Western Australia within the Narrogin local government area (postcode 6312). With a population of 3,927, the suburb has an established demographic with a median age of 43. Households earn a median income of $64K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Narrogin is $250,000, having grown strongly 8.7% over the past year. Units have a median price of $170,000 (-60.5% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 9.0%. The median monthly mortgage repayment is $1,149.
Narrogin is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Narrogin offers a gross rental yield of 9.0%, rated as high yield. Property prices sit below the state median ($250K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +8.7% year-on-year.
Narrogin is a smaller suburb in Western Australia within the Narrogin local government area (postcode 6312). With a population of 3,927, the suburb has an established demographic with a median age of 43. Households earn a median income of $64K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Narrogin is $250,000, having grown strongly 8.7% over the past year. Units have a median price of $170,000 (-60.5% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 9.0%. The median monthly mortgage repayment is $1,149.
Narrogin is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 946, which is below the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Narrogin offers a gross rental yield of 9.0%, rated as high yield. Property prices sit below the state median ($250K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +8.7% year-on-year.