Located in Western Australia within the Bunbury local government area, Withers is a smaller suburb (postcode 6230). With a population of 2,979, the suburb has an established demographic with a median age of 39. Households earn a median income of $51K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Withers has a median house price of $415,000, which has jumped by 20.3% year-on-year. Units have a median price of $226,000 (+43.6% YoY). The current median weekly rent is $545. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 41 bus stops.
From an investment perspective, Withers shows a gross rental yield of approximately 6.8%, rated as high yield. Property prices sit below the state median ($415K/$951K), which can point to relative value. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +20.3% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.