Tuart Hill is a moderately sized suburb in Western Australia within the Stirling local government area (postcode 6060). The area has roughly 7,541 residents and a mix of families and early-career residents, with a median age of 36. Households earn a median income of $80K per year, with an average household size of 2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Italian.
The median house price in Tuart Hill is $824,000, having climbed sharply by 12.8% over the past year. Units have a median price of $446,000 (+17.4% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,647.
Tuart Hill is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 32 bus stops.
Looking at the investment signals, Tuart Hill shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices are near the state median ($824K/$951K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +12.8% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.