North Perth WA

Postcode 6006 · Vincent LGA

North Perth is a mid-sized suburb in Western Australia within the Vincent local government area (postcode 6006). With a population of 9,623, the suburb has an established demographic with a median age of 38. Households earn a median income of $121K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.

The median house price in North Perth is $1.3 million, having surged 26.9% over the past year. Units have a median price of $525,000 (+7.1% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,473.

North Perth is served by 2 schools, including 2 primary. The average ICSEA score is 1134, which is well above the national average of 1,000. Public transport access includes 49 bus stops.

From an investment perspective, North Perth offers a gross rental yield of 2.9%, rated as low yield. Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +26.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.9% Low Yield
Price vs State$1.3M/$951K Above Median
Affordability10.5x Stretched
Price Momentum+26.9% Rising
INCOME (ATO 2022-23)
Median Income$68,082
Mean Income$92,266
Earners7,887
YoY Change-0.8%
SEIFA INDEX (ABS)
Advantage9/10
Education10/10
Economic5/10
Disadvantage10/10
MEDIAN HOUSE
$1.3M
26.9% YoY
MEDIAN UNIT
$525K
7.1% YoY
MEDIAN RENT /WK
$400
POPULATION
9,623
DEMOGRAPHICS
Median Age38
Household Size2.3
HH Income /wk$2,323
Personal Income /wk$1147
Mortgage /mth$2,473
TRANSPORT
Bus Stops49
SCHOOLS (2)
Avg ICSEA1134
Total Students834
Government2
North Perth Primary SchoolPrimary · Government · ICSEA 1135
Kyilla Primary SchoolPrimary · Government · ICSEA 1132
Data: 2024