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Martin, WA 6110

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

Data updated

Tight Rental MarketStrong Growth

Median House

$880,000

market range $775K-$1.3M

Median Unit

$600,000

list-price estimate

Gross Yield (units)

3.6%

1yr Growth (houses)

+15.0%

market range +2.5% to +25.0%

Investment snapshot for Martin

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

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Martin market and investor summary

In Martin, WA 6110, the median house sells for around $880K. House prices have moved +15.0% over the past year. At 1.3% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.

Living in Martin: people, income and schools

About 1,854 people live in Martin, and the area has been growing steadily, up about 14% over five years. At a median age of 40, it reads as skewed a little older, and 84% 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 $103,000 a year (about $1,990 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 about 8.5 times local household income, in line with much of metropolitan Australia. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Martin sits about 23 km from the CBD.

Population
1,854
+14% over 5yr
Median age
40 years
Median household income
$103,000/yr
Households renting
10%
Family households
78%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
2
avg ICSEA 998
Unemployment
6.9%
Distance to CBD
23 km

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

Properties in Martin

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Frequently asked questions about Martin

What should I check before investing in Martin?

Martin has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +15.0% in the past year shows strong recent price momentum. Tight rental market (1.3% 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 Martin?

The median property price in Martin, WA 6110 is $880K for houses.

What rental yield does Martin show?

The gross rental yield in Martin is 3.6% 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 Martin?

House prices in Martin are up 15.0% 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 Martin?

The current vacancy rate in Martin is 1.3%. 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 Martin?

Martin has a population of approximately 1,854 residents, with a median age of 40.

What schools are near Martin?

There are 2 schools within roughly 5km of Martin. 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 Martin affordable to buy in?

A median house in Martin costs about 8.5 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 Martin's population growing?

The population of Martin has grown about 14% 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 Martin from the CBD?

Martin is about 23 km from the CBD.

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