Three Springs (postcode 6519) is a quiet locality in Western Australia within the Three Springs local government area. It is home to about 356 residents, with a mature demographic and a median age of 46. Households earn a median income of $63K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. WA employment has moved +2.4% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, machinery operators & drivers, managers. Employment in the area leans toward public admin & safety and agriculture. The top ancestries reported are English, Australian, Aboriginal Australian.
Three Springs has a median house price of $190,000, which has risen steeply by 90% year-on-year. The current median weekly rent is $100. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $596.
Three Springs is served by 1 school, including 1 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital.
From an investment perspective, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices sit below the state median ($190K/$1.0M), which can point to relative value. The price-to-income ratio of 3.0x is considered affordable. House prices have moved +90.0% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.