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.
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.