Ranford (postcode 6390) is a small, quiet locality in Western Australia within the Boddington local government area. It is home to about 201 residents, with a mature demographic and a median age of 45. Households earn a median income of $81K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. WA employment has moved +2.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are machinery operators & drivers, community & personal service, technicians & trades. Employment in the area leans toward mining and manufacturing. The top ancestries reported are Australian, English, Scottish.
Ranford has a median house price of $500,000, which has jumped by 16.3% year-on-year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,476.
On the investment side, The gross rental yield works out to roughly 2.8%, which reads as low yield. Property prices sit below the state median ($500K/$1.0M), which can point to relative value. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +16.3% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.