Tapping WA

Postcode 6065 · Wanneroo LGA

Tapping is a mid-sized suburb in Western Australia within the Wanneroo local government area (postcode 6065). With a population of 9,547, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $123K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.

The median house price in Tapping is $730,000, having surged 21.7% over the past year. Units have a median price of $460,000 (+16.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $2,000.

Tapping is served by 2 schools, including 2 primary. The average ICSEA score is 1026, which is around the national average of 1,000. Public transport access includes 31 bus stops.

From an investment perspective, Tapping offers a gross rental yield of 5.3%, rated as high yield. Property prices are near the state median ($730K/$951K). The price-to-income ratio of 6.0x is considered affordable. House prices have moved +21.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.3% High Yield
Price vs State$730K/$951K Near Median
Affordability6.0x Affordable
Price Momentum+21.7% Rising
INCOME (ATO 2022-23)
Median Income$64,098
Mean Income$76,523
Earners9,224
YoY Change+5.9%
SEIFA INDEX (ABS)
Advantage8/10
Education6/10
Economic10/10
Disadvantage8/10
MEDIAN HOUSE
$730K
21.7% YoY
MEDIAN UNIT
$460K
16.6% YoY
MEDIAN RENT /WK
$430
POPULATION
9,547
DEMOGRAPHICS
Median Age35
Household Size3.1
HH Income /wk$2,359
Personal Income /wk$946
Mortgage /mth$2,000
TRANSPORT
Bus Stops31
SCHOOLS (2)
Avg ICSEA1026
Total Students1,219
Government2
Spring Hill Primary SchoolPrimary · Government · ICSEA 1028
Tapping Primary SchoolPrimary · Government · ICSEA 1023
Data: 2024