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Shelley, WA 6148

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,360,000

list-price estimate

Median Unit

$770,000

list-price estimate

Gross Yield (houses)

2.8%

1yr Growth (houses)

+20.1%

market range +10.0% to +22.5%

Investment snapshot for Shelley

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

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Shelley market and investor summary

In Shelley, WA 6148, houses show a gross rental yield of 2.8%. House prices have moved +20.1% over the past year and +70.1% over three years. At 1.5% 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 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking.

Living in Shelley: people, income and schools

Shelley has a resident population of roughly 4,795, and the area has been growing steadily, up about 9% over five years. At a median age of 42, it reads as skewed a little older, and 74% 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 $114,000 a year (about $2,190 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index).

Families have 56 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Shelley sits about 9.1 km from the CBD. It is fairly car-dependent; the suburb scores 40 for walkability and 5 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,795
+9% over 5yr
Median age
42 years
Median household income
$114,000/yr
Households renting
24%
Family households
78%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
56
avg ICSEA 1128
Unemployment
2.0%
Distance to CBD
9.1 km
Walk score
40/100

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

Properties in Shelley

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Frequently asked questions about Shelley

What should I check before investing in Shelley?

Shelley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +20.1% 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 rental yield does Shelley show?

The gross rental yield in Shelley is 2.8% for houses and 4.5% 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 Shelley?

House prices in Shelley are up 20.1% over the past year and up 70.1% 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 Shelley?

The current vacancy rate in Shelley is 1.5%. 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 Shelley?

Shelley has a population of approximately 4,795 residents, with a median age of 42.

What schools are near Shelley?

There are 56 schools within roughly 5km of Shelley. 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 Shelley's population growing?

The population of Shelley has grown about 9% 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 Shelley from the CBD?

Shelley is about 9.1 km from the CBD.

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