Safety Bay is a mid-sized suburb in Western Australia within the Rockingham local government area (postcode 6169). With a population of 7,662, the suburb has an established demographic with a median age of 44. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Safety Bay is $665,000, having surged 27.8% over the past year. Units have a median price of $420,000 (+42.4% YoY). The current median weekly rent is $555. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,679.
Safety Bay is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 53 bus stops.
From an investment perspective, Safety Bay offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($665K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +27.8% year-on-year.
Safety Bay is a mid-sized suburb in Western Australia within the Rockingham local government area (postcode 6169). With a population of 7,662, the suburb has an established demographic with a median age of 44. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Safety Bay is $665,000, having surged 27.8% over the past year. Units have a median price of $420,000 (+42.4% YoY). The current median weekly rent is $555. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,679.
Safety Bay is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 53 bus stops.
From an investment perspective, Safety Bay offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($665K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +27.8% year-on-year.