Yanchep (postcode 6035) is an established suburb in Western Australia within the Wanneroo local government area. The area has roughly 11,022 residents and a blend of families and working-age professionals, with a median age of 35. Households earn a median income of $88K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.2% 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 technicians & trades, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Yanchep is $605,000, having climbed sharply by 23.4% over the past year. Units have a median price of $507,000 (+29.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,842.
Yanchep is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 71 bus stops.
Looking at the investment signals, Yanchep shows a gross rental yield of approximately 4.8%, rated as moderate yield. Property prices sit below the state median ($605K/$951K), which can point to relative value. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +23.4% year-on-year. Population growth of +3.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.