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Marmion, WA 6020

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

Data updated

Tight Rental MarketStrong Growth

Median House

$2,200,000

market range $2.0M-$2.8M

Median Unit

$1,875,000

list-price estimate

Gross Yield (units)

5.1%

1yr Growth (houses)

+18.3%

market range -7.5% to +25.0%

Investment snapshot for Marmion

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

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Marmion market and investor summary

In Marmion, WA 6020, the median house sells for around $2.2M. House prices have moved +18.3% over the past year and +57.1% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.

Living in Marmion: people, income and schools

Marmion has a resident population of roughly 2,390, and the area has been growing steadily, up about 7% over five years. At a median age of 45, it reads as skewed a little older, and 88% 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 $127,000 a year (about $2,440 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 17.4 times local household income, so affordability is a genuine constraint on local buyers.

Families have 35 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Marmion sits about 16 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 56 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,390
+7% over 5yr
Median age
45 years
Median household income
$127,000/yr
Households renting
11%
Family households
81%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
35
avg ICSEA 1111
Unemployment
1.2%
Distance to CBD
16 km
Walk score
56/100

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

Properties in Marmion

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Frequently asked questions about Marmion

What should I check before investing in Marmion?

Marmion has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +18.3% 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 Marmion?

The median property price in Marmion, WA 6020 is $2.2M for houses.

What rental yield does Marmion show?

The gross rental yield in Marmion is 5.1% 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 Marmion?

House prices in Marmion are up 18.3% over the past year and up 57.1% over three years. 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 Marmion?

The current vacancy rate in Marmion is 0.8%. 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 Marmion?

Marmion has a population of approximately 2,390 residents, with a median age of 45.

What schools are near Marmion?

There are 35 schools within roughly 5km of Marmion. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Marmion affordable to buy in?

A median house in Marmion costs about 17.4 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 Marmion's population growing?

The population of Marmion 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.

How far is Marmion from the CBD?

Marmion is about 16 km from the CBD.

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