Shoalwater (postcode 6169) is a smaller suburb in Western Australia within the Rockingham local government area. The area has roughly 4,368 residents and a mature demographic, with a median age of 49. Households earn a median income of $64K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% year-on-year at the LGA level. WA employment has moved +1.9% 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 professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Shoalwater stand at $885,000, having risen solidly by 9.9% over the last twelve months. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,668.
Public transport access includes 28 bus stops.
Looking at the investment signals, Shoalwater shows a gross rental yield of approximately 3.2%, rated as moderate yield. Property prices are near the state median ($885K/$1.0M). The price-to-income ratio of 13.9x is considered stretched. House prices have moved +9.9% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.