Gelorup, WA 6230

Gelorup has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.5%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +20.9% 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.

The median property price in Gelorup, WA 6230 is $1.3M for houses and $540K for units.

The gross rental yield in Gelorup is 2.7% for houses and 5.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

House prices in Gelorup are up 20.9% over the past year and up 68.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

The current vacancy rate in Gelorup is 4.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

Gelorup has a population of approximately 2,255 residents, with a median age of 46.

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

A median house in Gelorup costs about 10.7 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.

The population of Gelorup has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.