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Merriwa, WA 6030
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$845,000
market range $775K-$900K
Median Unit
$920,000
list-price estimate
Gross Yield (units)
4.6%
1yr Growth (houses)
+21.4%
market range +15.0% to +27.5%
Investment snapshot for Merriwa
Merriwa has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Merriwa market and investor summary
Merriwa (WA 6030) runs a median house price of $845K. House prices have moved +21.4% over the past year and +77.5% over three years. At 0.5% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.5% and a resident base that is not shrinking.
Living in Merriwa: people, income and schools
Merriwa is home to around 5,587 people, and the area has been growing steadily, up about 12% over five years. The median age is 40, skewed a little older, and families account for 69% of households.
Households here earn a median of about $65,000 a year, or roughly $1,260 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.9 times local household income, so affordability is a genuine constraint on local buyers.
There are 26 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 35 km from the CBD. It is fairly car-dependent; the suburb scores 42 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 5,587
- +12% over 5yr
- Median age
- 40 years
- Median household income
- $65,000/yr
- Households renting
- 24%
- Family households
- 69%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 26
- avg ICSEA 959
- Unemployment
- 5.1%
- Distance to CBD
- 35 km
- Walk score
- 42/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Merriwa
View all →Frequently asked questions about Merriwa
What should I check before investing in Merriwa?
Merriwa has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Capital growth of +21.4% 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 Merriwa?
The median property price in Merriwa, WA 6030 is $845K for houses.
What rental yield does Merriwa show?
The gross rental yield in Merriwa is 4.6% 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 Merriwa?
House prices in Merriwa are up 21.4% over the past year and up 77.5% 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 Merriwa?
The current vacancy rate in Merriwa is 0.5%. 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 Merriwa?
Merriwa has a population of approximately 5,587 residents, with a median age of 40.
What schools are near Merriwa?
There are 26 schools within roughly 5km of Merriwa. 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 Merriwa affordable to buy in?
A median house in Merriwa costs about 12.9 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 Merriwa's population growing?
The population of Merriwa has grown about 12% 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 Merriwa from the CBD?
Merriwa is about 35 km from the CBD.
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