Waikiki is a well-established suburb in Western Australia within the Rockingham local government area (postcode 6169). With a population of 12,453, the suburb has an established demographic with a median age of 39. Households earn a median income of $84K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Waikiki is $600,000, having surged 27.7% over the past year. Units have a median price of $450,000 (+40.6% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,600.
Waikiki is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 42 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Waikiki offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($600K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +27.7% year-on-year.
Waikiki is a well-established suburb in Western Australia within the Rockingham local government area (postcode 6169). With a population of 12,453, the suburb has an established demographic with a median age of 39. Households earn a median income of $84K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Waikiki is $600,000, having surged 27.7% over the past year. Units have a median price of $450,000 (+40.6% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,600.
Waikiki is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 42 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Waikiki offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($600K/$951K), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +27.7% year-on-year.