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Hazelmere, WA 6055
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,125,000
market range $1.1M-$1.4M
Median Unit
$630,000
Gross Yield (houses)
3.9%
1yr Growth
-
Investment snapshot for Hazelmere
Hazelmere has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Hazelmere market and investor summary
In Hazelmere, WA 6055, the median house sells for around $1.1M, on a gross rental yield of 3.9% for houses. 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 3.9% 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. Houses also take time to sell, around 67 days on market, so plan for a slower exit if you ever need one.
Living in Hazelmere: people, income and schools
Hazelmere is home to around 935 people, and the area has been growing steadily, up about 37% over five years. At a median age of 49, it reads as skewed a little older, and 77% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $63,000 a year (about $1,210 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 17.9 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.
Families have 26 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Hazelmere sits about 14 km from the CBD. It is fairly car-dependent; the suburb scores 22 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 935
- +37% over 5yr
- Median age
- 49 years
- Median household income
- $63,000/yr
- Households renting
- 19%
- Family households
- 65%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 26
- avg ICSEA 942
- Unemployment
- 4.1%
- Distance to CBD
- 14 km
- Walk score
- 22/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Hazelmere
View all →Frequently asked questions about Hazelmere
What should I check before investing in Hazelmere?
Hazelmere has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 5.0% gives a usable rent-to-price starting point. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Hazelmere?
The median property price in Hazelmere, WA 6055 is $1.1M for houses and $630K for units.
What rental yield does Hazelmere show?
The gross rental yield in Hazelmere is 3.9% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Hazelmere?
The current vacancy rate in Hazelmere 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 Hazelmere?
Hazelmere has a population of approximately 935 residents, with a median age of 49.
What schools are near Hazelmere?
There are 26 schools within roughly 5km of Hazelmere. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Hazelmere affordable to buy in?
A median house in Hazelmere costs about 17.9 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 Hazelmere's population growing?
The population of Hazelmere has grown about 37% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Hazelmere from the CBD?
Hazelmere is about 14 km from the CBD.
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