Stratton is a smaller suburb in Western Australia within the Swan local government area (postcode 6056). With a population of 3,267, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $73K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Stratton is $551,000, having surged 24.8% over the past year. Units have a median price of $300,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,408.
Stratton is served by 1 school, including 1 primary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 31 bus stops.
From an investment perspective, Stratton offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($551K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +24.8% year-on-year.
Stratton is a smaller suburb in Western Australia within the Swan local government area (postcode 6056). With a population of 3,267, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $73K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Stratton is $551,000, having surged 24.8% over the past year. Units have a median price of $300,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,408.
Stratton is served by 1 school, including 1 primary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 31 bus stops.
From an investment perspective, Stratton offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($551K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +24.8% year-on-year.