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Meadow Springs, WA 6210
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$830,000
market range $775K-$900K
Median Unit
$1,990,000
market range $400K-$1.8M
Gross Yield (houses)
4.0%
1yr Growth (houses)
+13.7%
market range +10.0% to +22.5%
Investment snapshot for Meadow Springs
Meadow Springs has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Meadow Springs market and investor summary
Meadow Springs (WA 6210) runs a median house price of $830K, with houses yielding a gross 4.0%. House prices have moved +13.7% over the past year and +69.5% over three years. At 1.7% 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 4.0% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.
Living in Meadow Springs: people, income and schools
Meadow Springs is home to around 9,160 people, and the area has been growing steadily, up about 16% over five years. The median age is 38, broadly working-age, and families account for 77% of households.
Households here earn a median of about $86,000 a year, or roughly $1,650 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 9.7 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 20 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 62 km from the CBD. It is fairly car-dependent; the suburb scores 29 for walkability and 5 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 9,160
- +16% over 5yr
- Median age
- 38 years
- Median household income
- $86,000/yr
- Households renting
- 24%
- Family households
- 77%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 20
- avg ICSEA 997
- Unemployment
- 3.3%
- Distance to CBD
- 62 km
- Walk score
- 29/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Meadow Springs
View all →Frequently asked questions about Meadow Springs
What should I check before investing in Meadow Springs?
Meadow Springs has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.0% gives a usable rent-to-price starting point. Capital growth of +13.7% 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 Meadow Springs?
The median property price in Meadow Springs, WA 6210 is $830K for houses and $2.0M for units.
What rental yield does Meadow Springs show?
The gross rental yield in Meadow Springs is 4.0% for houses. 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 Meadow Springs?
House prices in Meadow Springs are up 13.7% over the past year and up 69.5% 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 Meadow Springs?
The current vacancy rate in Meadow Springs is 1.7%. 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 Meadow Springs?
Meadow Springs has a population of approximately 9,160 residents, with a median age of 38.
What schools are near Meadow Springs?
There are 20 schools within roughly 5km of Meadow Springs. 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 Meadow Springs affordable to buy in?
A median house in Meadow Springs costs about 9.7 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.
Is Meadow Springs's population growing?
The population of Meadow Springs has grown about 16% 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 Meadow Springs from the CBD?
Meadow Springs is about 62 km from the CBD.
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