South Perth is a well-established suburb in Western Australia within the South Perth local government area (postcode 6151). With a population of 12,596, the suburb has an established demographic with a median age of 42. Households earn a median income of $105K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in South Perth is $1.4 million, having grown strongly 5.8% over the past year. Units have a median price of $575,000 (+10.6% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,200.
South Perth is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 1122, which is well above the national average of 1,000. Public transport access includes 1 ferry wharf, 76 bus stops. Healthcare facilities include 2 private hospitals.
From an investment perspective, South Perth offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.4M/$951K), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +5.8% year-on-year.
South Perth is a well-established suburb in Western Australia within the South Perth local government area (postcode 6151). With a population of 12,596, the suburb has an established demographic with a median age of 42. Households earn a median income of $105K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in South Perth is $1.4 million, having grown strongly 5.8% over the past year. Units have a median price of $575,000 (+10.6% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,200.
South Perth is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 1122, which is well above the national average of 1,000. Public transport access includes 1 ferry wharf, 76 bus stops. Healthcare facilities include 2 private hospitals.
From an investment perspective, South Perth offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.4M/$951K), placing it in the premium segment. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +5.8% year-on-year.