Serpentine WA

Postcode 6125 · Serpentine-Jarrahdale LGA

Serpentine is a smaller suburb in Western Australia within the Serpentine-Jarrahdale local government area (postcode 6125). With a population of 2,863, the suburb has a mature demographic with a median age of 45. Households earn a median income of $102K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.

The median house price in Serpentine is $885,000, having surged 16.1% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,200.

Serpentine is served by 2 schools, including 2 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 1 rail station, 3 bus stops.

From an investment perspective, Serpentine offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($885K/$951K). The price-to-income ratio of 8.7x is considered moderate. House prices have moved +16.1% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.2% Moderate Yield
Price vs State$885K/$951K Near Median
Affordability8.7x Moderate
Price Momentum+16.1% Rising
INCOME (ATO 2022-23)
Median Income$63,720
Mean Income$79,681
Earners3,059
YoY Change+8.9%
SEIFA INDEX (ABS)
Advantage6/10
Education3/10
Economic9/10
Disadvantage6/10
MEDIAN HOUSE
$885K
16.1% YoY
MEDIAN RENT /WK
$348
POPULATION
2,863
DEMOGRAPHICS
Median Age45
Household Size2.7
HH Income /wk$1,955
Personal Income /wk$768
Mortgage /mth$2,200
TRANSPORT
Rail Stations1
Bus Stops3
Richardson St Serpentine Railway Station
SCHOOLS (2)
Avg ICSEA1004
Total Students288
Government1
Independent1
Serpentine Primary SchoolPrimary · Government · ICSEA 997
Eton Farm Primary SchoolPrimary · Independent · ICSEA 1010
Data: 2024