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.
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.