Located in Western Australia within the Stirling local government area, Stirling is an established suburb (postcode 6021). The area has roughly 10,165 residents and an established family demographic, with a median age of 42. Households earn a median income of $115K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Italian, English, Australian.
The median house price in Stirling is $1.0 million, having climbed sharply by 19.3% over the past year. Units have a median price of $416,000 (+24.9% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,348.
Public transport access includes 52 bus stops. Healthcare facilities include 1 public and 1 private hospitals.
On the investment side, The gross rental yield works out to roughly 4.3%, which reads as moderate yield. Property prices are near the state median ($1.0M/$951K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +19.3% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.