Northam is a mid-sized suburb in Western Australia within the Northam local government area (postcode 6401). With a population of 6,679, the suburb has an established demographic with a median age of 42. Households earn a median income of $65K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Northam is $330,000, having surged 20% over the past year. Units have a median price of $190,000 (+18.8% YoY). The current median weekly rent is $425. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,300.
Northam is served by 6 schools, including 3 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 888, which is well below the national average of 1,000. Public transport access includes 3 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Northam offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($330K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +20.0% year-on-year.
Northam is a mid-sized suburb in Western Australia within the Northam local government area (postcode 6401). With a population of 6,679, the suburb has an established demographic with a median age of 42. Households earn a median income of $65K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Northam is $330,000, having surged 20% over the past year. Units have a median price of $190,000 (+18.8% YoY). The current median weekly rent is $425. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,300.
Northam is served by 6 schools, including 3 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 888, which is well below the national average of 1,000. Public transport access includes 3 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Northam offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($330K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +20.0% year-on-year.