Perth WA

Postcode 6000 · Perth LGA

Perth is a well-established suburb in Western Australia within the Perth local government area (postcode 6000). With a population of 13,670, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $102K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Chinese.

The median house price in Perth is $1.2 million, having surged 29.4% over the past year. Units have a median price of $479,000 (+14% YoY). The current median weekly rent is $336. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,950.

Perth is served by 2 schools, including 2 secondary. The average ICSEA score is 1130, which is well above the national average of 1,000. Public transport access includes 6 rail stations, 2 ferry wharfves, 100 bus stops. Healthcare facilities include 1 public and 2 private hospitals.

From an investment perspective, Perth offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.2M/$951K). The price-to-income ratio of 11.6x is considered stretched. House prices have moved +29.4% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.5% Low Yield
Price vs State$1.2M/$951K Near Median
Affordability11.6x Stretched
Price Momentum+29.4% Rising
INCOME (ATO 2022-23)
Median Income$53,780
Mean Income$83,028
Earners14,141
YoY Change-7.1%
SEIFA INDEX (ABS)
Advantage7/10
Education10/10
Economic1/10
Disadvantage10/10
MEDIAN HOUSE
$1.2M
29.4% YoY
MEDIAN UNIT
$479K
14% YoY
MEDIAN RENT /WK
$400
POPULATION
13,670
DEMOGRAPHICS
Median Age33
Household Size1.8
HH Income /wk$1,960
Personal Income /wk$1139
Mortgage /mth$1,950
TRANSPORT
Rail Stations6
Bus Stops100
Ferry Wharves2
Barrack St Perth Station Cat Id 4
Elizabeth Quay Stn Platform 1
Ferry Route Barrack St Jetty
Ferry Route Elizabeth Quay Jetty
Mciver Stn Platform 1
SCHOOLS (2)
Avg ICSEA1130
Total Students1,506
Independent2
Mercedes CollegeSecondary · Independent · ICSEA 1122
St George's Anglican Grammar SchoolSecondary · Independent · ICSEA 1139
HOSPITALS (3)
Mount Hospitalprivate
Perth Dermatology Clinicprivate
Royal Perth Hospital Wellington Street Campuspublic
Data: 2024