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Salter Point, WA 6152
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,200,000
market range $2.0M-$2.4M
Median Unit
$950,000
list-price estimate
Gross Yield (houses)
2.5%
1yr Growth (houses)
+15.8%
market range +2.5% to +20.0%
Investment snapshot for Salter Point
Salter Point has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Salter Point market and investor summary
In Salter Point, WA 6152, the median house sells for around $2.2M, on a gross rental yield of 2.5% for houses. House prices have moved +15.8% over the past year and +43.3% over three years. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 77 days on market, so plan for a slower exit if you ever need one.
Living in Salter Point: people, income and schools
Salter Point has a resident population of roughly 2,913, and the area has been growing steadily, up about 8% over five years. At a median age of 47, it reads as skewed a little older, and 80% 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 $132,000 a year (about $2,530 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 16.7 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
Families have 52 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Salter Point sits about 8.2 km from the CBD. It is fairly car-dependent; the suburb scores 48 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 2,913
- +8% over 5yr
- Median age
- 47 years
- Median household income
- $132,000/yr
- Households renting
- 12%
- Family households
- 78%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 52
- avg ICSEA 1111
- Unemployment
- 2.8%
- Distance to CBD
- 8.2 km
- Walk score
- 48/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Salter Point
View all →Frequently asked questions about Salter Point
What should I check before investing in Salter Point?
Salter Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. Capital growth of +15.8% 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 Salter Point?
The median property price in Salter Point, WA 6152 is $2.2M for houses.
What rental yield does Salter Point show?
The gross rental yield in Salter Point is 2.5% for houses and 4.9% 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 Salter Point?
House prices in Salter Point are up 15.8% over the past year and up 43.3% 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 Salter Point?
The current vacancy rate in Salter Point is 1.1%. 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 Salter Point?
Salter Point has a population of approximately 2,913 residents, with a median age of 47.
What schools are near Salter Point?
There are 52 schools within roughly 5km of Salter Point. 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 Salter Point affordable to buy in?
A median house in Salter Point costs about 16.7 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 Salter Point's population growing?
The population of Salter Point has grown about 8% 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 Salter Point from the CBD?
Salter Point is about 8.2 km from the CBD.
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