Subiaco is a moderately sized suburb in Western Australia within the Subiaco local government area (postcode 6008). It is home to about 9,940 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $115K 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 +2.2% 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 English, Australian, Irish.
Subiaco has a median house price of $1.9 million, which has climbed sharply by 19.4% year-on-year. Units have a median price of $595,000 (+8.8% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,498.
Subiaco is served by 3 schools, including 1 primary, 2 secondary. The average ICSEA score is 1176, which is well above the national average of 1,000. Public transport access includes 6 rail stations, 46 bus stops. Healthcare facilities include 1 public and 3 private hospitals.
Looking at the investment signals, Subiaco shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are above the state median ($1.9M/$951K), placing it in the premium segment. The price-to-income ratio of 16.0x is considered stretched. House prices have moved +19.4% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.