Port Hedland (postcode 6721) is a smaller suburb in Western Australia within the Port Hedland local government area. With a population of 4,081, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $179K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 technicians & trades, professionals, managers. Employment in the area leans toward mining and transport & logistics. The top ancestries reported are English, Australian, Irish.
Median house prices in Port Hedland stand at $725,000, having risen modestly by 1.1% over the last twelve months. Units have a median price of $419,000 (+15% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,812.
Port Hedland is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 878, which is well below the national average of 1,000. Public transport access includes 69 bus stops.
On the investment side, Gross rental yield sits at around 6.8% (high yield). Property prices are near the state median ($725K/$951K). The price-to-income ratio of 4.1x is considered affordable. House prices have moved +1.1% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.