Victoria Park is a mid-sized suburb in Western Australia within the Victoria Park local government area (postcode 6100). With a population of 9,334, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $95K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Victoria Park is $975,000, having grown strongly 8.9% over the past year. Units have a median price of $450,000 (-6.2% YoY). The current median weekly rent is $515. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,946.
Victoria Park is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 50 bus stops.
From an investment perspective, Victoria Park offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($975K/$951K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.9% year-on-year.
Victoria Park is a mid-sized suburb in Western Australia within the Victoria Park local government area (postcode 6100). With a population of 9,334, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $95K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Victoria Park is $975,000, having grown strongly 8.9% over the past year. Units have a median price of $450,000 (-6.2% YoY). The current median weekly rent is $515. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,946.
Victoria Park is served by 4 schools, including 3 primary, 1 combined. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 50 bus stops.
From an investment perspective, Victoria Park offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($975K/$951K). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +8.9% year-on-year.