Pemberton is a small locality in Western Australia within the Manjimup local government area (postcode 6260). The area has roughly 861 residents and a settled, mature resident base, with a median age of 48. Households earn a median income of $60K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, community & personal service. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are English, Australian, Scottish.
Median house prices in Pemberton stand at $400,000, having grown strongly by 9% over the last twelve months. Units have a median price of $105,000. The current median weekly rent is $500. This gives a gross rental yield of approximately 6.5%. The median monthly mortgage repayment is $1,300.
Pemberton is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital.
Looking at the investment signals, The gross rental yield works out to roughly 6.5%, which reads as high yield. Property prices sit below the state median ($400K/$951K), which can point to relative value. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +9.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.