Padbury is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6025). With a population of 8,626, the suburb has an established demographic with a median age of 38. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Padbury is $825,000, having surged 18.7% over the past year. Units have a median price of $590,000 (+23.6% YoY). The current median weekly rent is $722. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $2,000.
Padbury is served by 7 schools, including 4 primary, 3 special. The average ICSEA score is 1042, which is around the national average of 1,000. Public transport access includes 50 bus stops.
From an investment perspective, Padbury offers a gross rental yield of 4.6%, rated as moderate yield. Property prices are near the state median ($825K/$951K). The price-to-income ratio of 7.7x is considered moderate. House prices have moved +18.7% year-on-year.
Padbury is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6025). With a population of 8,626, the suburb has an established demographic with a median age of 38. Households earn a median income of $107K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Padbury is $825,000, having surged 18.7% over the past year. Units have a median price of $590,000 (+23.6% YoY). The current median weekly rent is $722. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $2,000.
Padbury is served by 7 schools, including 4 primary, 3 special. The average ICSEA score is 1042, which is around the national average of 1,000. Public transport access includes 50 bus stops.
From an investment perspective, Padbury offers a gross rental yield of 4.6%, rated as moderate yield. Property prices are near the state median ($825K/$951K). The price-to-income ratio of 7.7x is considered moderate. House prices have moved +18.7% year-on-year.