Yarloop is a small locality in Western Australia within the Harvey local government area (postcode 6218). With a population of 541, the suburb has a settled mid-life population with a median age of 44. Households earn a median income of $57K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, machinery operators & drivers. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are English, Australian, Scottish.
The median house price in Yarloop is $610,000, having climbed sharply by 22% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,587.
Yarloop is served by 1 school, including 1 primary. The average ICSEA score is 875, which is well below the national average of 1,000. Public transport access includes 1 rail station, 2 bus stops.
From an investment perspective, Yarloop shows a gross rental yield of approximately 3.0%, rated as low yield. Property prices sit below the state median ($610K/$1.0M), which can point to relative value. The price-to-income ratio of 10.7x is considered stretched. House prices have moved +22.0% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.