Willetton is a well-established suburb in Western Australia within the Canning local government area (postcode 6155). With a population of 19,262, the suburb has an established demographic with a median age of 40. Households earn a median income of $113K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Chinese, English, Australian.
The median house price in Willetton is $1.1 million, having surged 20.8% over the past year. Units have a median price of $682,000 (+14.7% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,100.
Willetton is served by 7 schools, including 4 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 90 bus stops.
From an investment perspective, Willetton offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved +20.8% year-on-year.
Willetton is a well-established suburb in Western Australia within the Canning local government area (postcode 6155). With a population of 19,262, the suburb has an established demographic with a median age of 40. Households earn a median income of $113K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Chinese, English, Australian.
The median house price in Willetton is $1.1 million, having surged 20.8% over the past year. Units have a median price of $682,000 (+14.7% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,100.
Willetton is served by 7 schools, including 4 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 90 bus stops.
From an investment perspective, Willetton offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$951K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved +20.8% year-on-year.