Winthrop WA

Postcode 6150 · Melville LGA

Winthrop is a mid-sized suburb in Western Australia within the Melville local government area (postcode 6150). With a population of 6,020, the suburb has a mature demographic with a median age of 45. Households earn a median income of $121K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.

The median house price in Winthrop is $1.4 million, having surged 12.5% over the past year. Units have a median price of $580,000. The current median weekly rent is $900. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,317.

Winthrop is served by 1 school, including 1 primary. The average ICSEA score is 1143, which is well above the national average of 1,000. Public transport access includes 37 bus stops.

From an investment perspective, Winthrop offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are above the state median ($1.4M/$951K), placing it in the premium segment. The price-to-income ratio of 11.5x is considered stretched. House prices have moved +12.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.4% Moderate Yield
Price vs State$1.4M/$951K Above Median
Affordability11.5x Stretched
Price Momentum+12.5% Rising
INCOME (ATO 2022-23)
Median Income$54,443
Mean Income$83,494
Earners4,671
YoY Change+2.7%
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic10/10
Disadvantage10/10
MEDIAN HOUSE
$1.4M
12.5% YoY
MEDIAN UNIT
$580K
0% YoY
MEDIAN RENT /WK
$545
POPULATION
6,020
DEMOGRAPHICS
Median Age45
Household Size3
HH Income /wk$2,324
Personal Income /wk$762
Mortgage /mth$2,317
TRANSPORT
Bus Stops37
SCHOOLS (1)
Avg ICSEA1143
Total Students603
Government1
Winthrop Primary SchoolPrimary · Government · ICSEA 1143
Data: 2024