Two Rocks WA

Postcode 6037 · Wanneroo LGA

Two Rocks is a smaller suburb in Western Australia within the Wanneroo local government area (postcode 6037). With a population of 3,822, the suburb has an established demographic with a median age of 39. Households earn a median income of $79K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, labourers, professionals. The top ancestries reported are English, Australian, Irish.

The median house price in Two Rocks is $555,000, having surged 17.6% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,800.

Two Rocks is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 969, which is around the national average of 1,000. Public transport access includes 33 bus stops.

From an investment perspective, Two Rocks offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($555K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +17.6% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.4% High Yield
Price vs State$555K/$951K Below Median
Affordability7.0x Moderate
Price Momentum+17.6% Rising
INCOME (ATO 2022-23)
Median Income$60,431
Mean Income$75,177
Earners2,589
YoY Change+5.6%
SEIFA INDEX (ABS)
Advantage4/10
Education3/10
Economic6/10
Disadvantage4/10
MEDIAN HOUSE
$555K
17.6% YoY
MEDIAN RENT /WK
$330
POPULATION
3,822
DEMOGRAPHICS
Median Age39
Household Size2.7
HH Income /wk$1,526
Personal Income /wk$716
Mortgage /mth$1,800
TRANSPORT
Bus Stops33
SCHOOLS (2)
Avg ICSEA969
Total Students747
Government1
Independent1
Two Rocks Primary SchoolPrimary · Government · ICSEA 966
Atlantis Beach Baptist CollegeCombined · Independent · ICSEA 972
Data: 2024