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Binningup, WA 6233
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$700,000
market range $650K-$975K
Median Unit
$85,000
market range $75K-$650K
Gross Yield (houses)
5.0%
1yr Growth (houses)
+24.1%
market range +12.5% to +35.0%
Investment snapshot for Binningup
Binningup has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Binningup market and investor summary
Binningup (WA 6233) runs a median house price of $700K, with houses yielding a gross 5.0%. House prices have moved +24.1% over the past year. At 1.2% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.0% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Binningup: people, income and schools
Binningup is home to around 1,296 people, and the area has been growing steadily, up about 11% over five years. The median age is 45, skewed a little older, and 73% 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 $91,000 a year, or roughly $1,750 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 7.7 times local household income, in line with much of metropolitan Australia.
It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 1,296
- +11% over 5yr
- Median age
- 45 years
- Median household income
- $91,000/yr
- Households renting
- 24%
- Family households
- 72%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 2.3%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Binningup
No properties currently listed in Binningup
Search Binningup listings →Frequently asked questions about Binningup
What should I check before investing in Binningup?
Binningup has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +24.1% 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 Binningup?
The median property price in Binningup, WA 6233 is $700K for houses and $85K for units.
What rental yield does Binningup show?
The gross rental yield in Binningup is 5.0% for houses and 4.8% 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 Binningup?
House prices in Binningup are up 24.1% 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 Binningup?
The current vacancy rate in Binningup is 1.2%. 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 Binningup?
Binningup has a population of approximately 1,296 residents, with a median age of 45.
Is Binningup affordable to buy in?
A median house in Binningup costs about 7.7 times the median local household income (broadly in line with metropolitan Australia). 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 Binningup's population growing?
The population of Binningup has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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