Success is a well-established suburb in Western Australia within the Cockburn local government area (postcode 6164). With a population of 11,340, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $112K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Success is $686,000, having surged 13.4% over the past year. Units have a median price of $410,000 (+15.5% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,950.
Success is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 4 tram stops, 50 bus stops.
From an investment perspective, Success offers a gross rental yield of 5.7%, rated as high yield. Property prices are near the state median ($686K/$951K). The price-to-income ratio of 6.1x is considered moderate. House prices have moved +13.4% year-on-year.
Success is a well-established suburb in Western Australia within the Cockburn local government area (postcode 6164). With a population of 11,340, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $112K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Success is $686,000, having surged 13.4% over the past year. Units have a median price of $410,000 (+15.5% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,950.
Success is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1046, which is around the national average of 1,000. Public transport access includes 4 tram stops, 50 bus stops.
From an investment perspective, Success offers a gross rental yield of 5.7%, rated as high yield. Property prices are near the state median ($686K/$951K). The price-to-income ratio of 6.1x is considered moderate. House prices have moved +13.4% year-on-year.