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Ballajura, WA 6066

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

High Yield SuburbTight Rental MarketStrong Growth

Median House

$920,000

market range $850K-$1.0M

Median Unit

$700,000

list-price estimate

Gross Yield (houses)

4.4%

1yr Growth (houses)

+17.8%

market range +10.0% to +22.5%

Investment snapshot for Ballajura

Ballajura has enough public data for first-pass screening across yield, vacancy, price and supply signals.

Read the full Ballajura verdict

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Ballajura market and investor summary

Ballajura (WA 6066) runs a median house price of $920K, with houses yielding a gross 4.4%. House prices have moved +17.8% over the past year. At 0.7% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. Apartment stock is taking longer than usual to clear, a sign of softer demand at the unit end of the market.

Living in Ballajura: people, income and schools

Ballajura is home to around 18,459 people, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $90,000 a year, or roughly $1,730 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 10.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.

There are 42 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 13 km from the CBD. It is fairly car-dependent; the suburb scores 49 for walkability and 17 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
18,459
+4% over 5yr
Median age
37 years
Median household income
$90,000/yr
Households renting
18%
Family households
80%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
42
avg ICSEA 990
Unemployment
5.2%
Distance to CBD
13 km
Walk score
49/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Ballajura

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Frequently asked questions about Ballajura

What should I check before investing in Ballajura?

Ballajura has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. Capital growth of +17.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Ballajura?

The median property price in Ballajura, WA 6066 is $920K for houses.

What rental yield does Ballajura show?

The gross rental yield in Ballajura is 4.4% for houses and 4.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Ballajura?

House prices in Ballajura are up 17.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Ballajura?

The current vacancy rate in Ballajura is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Ballajura?

Ballajura has a population of approximately 18,459 residents, with a median age of 37.

What schools are near Ballajura?

There are 42 schools within roughly 5km of Ballajura. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Ballajura affordable to buy in?

A median house in Ballajura costs about 10.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Ballajura's population growing?

The population of Ballajura has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Ballajura from the CBD?

Ballajura is about 13 km from the CBD.

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