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Midland, WA 6056
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$855,000
list-price estimate
Median Unit
$580,000
market range $525K-$650K
Gross Yield (houses)
4.8%
1yr Growth (houses)
+23.2%
market range +12.5% to +30.0%
Investment snapshot for Midland
Midland has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Midland market and investor summary
In Midland, WA 6056, houses show a gross rental yield of 4.8%. House prices have moved +23.2% over the past year. At 0.3% 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 4.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.
Living in Midland: people, income and schools
About 6,335 people live in Midland, and the area has been growing steadily, up about 12% over five years. The median age is 39, broadly working-age, with renters making up 62% of households. That renter share gives landlords a deep tenant pool to draw on through the year.
Households here earn a median of about $59,000 a year, or roughly $1,140 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
There are 28 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 15 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 64 for walkability and 39 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 6,335
- +12% over 5yr
- Median age
- 39 years
- Median household income
- $59,000/yr
- Households renting
- 62%
- Family households
- 46%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 28
- avg ICSEA 963
- Unemployment
- 5.7%
- Distance to CBD
- 15 km
- Walk score
- 64/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Midland
View all →Frequently asked questions about Midland
What should I check before investing in Midland?
Midland has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.4%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +23.2% 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 Midland?
The median property price in Midland, WA 6056 is $580K for units.
What rental yield does Midland show?
The gross rental yield in Midland is 4.8% for houses and 5.4% 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 Midland?
House prices in Midland are up 23.2% 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 Midland?
The current vacancy rate in Midland is 0.3%. 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 Midland?
Midland has a population of approximately 6,335 residents, with a median age of 39.
What schools are near Midland?
There are 28 schools within roughly 5km of Midland. 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 Midland's population growing?
The population of Midland 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 Midland from the CBD?
Midland is about 15 km from the CBD.
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