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Success, WA 6164

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,000,000

market range $900K-$1.1M

Median Unit

$600,000

market range $525K-$650K

Gross Yield (units)

5.2%

1yr Growth (houses)

+16.7%

market range +12.5% to +25.0%

Investment snapshot for Success

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

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Success market and investor summary

Success (WA 6164) runs a median house price of $1M. House prices have moved +16.7% over the past year and +55.0% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking.

Living in Success: people, income and schools

About 11,340 people live in Success, and the area has been growing steadily, up about 22% over five years. The median age is 34, broadly working-age, and families account for 76% of households.

Households here earn a median of about $112,000 a year, or roughly $2,160 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 about 8.9 times local household income, in line with much of metropolitan Australia. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.

There are 25 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 22 km from the CBD. It is fairly car-dependent; the suburb scores 14 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
11,340
+22% over 5yr
Median age
34 years
Median household income
$112,000/yr
Households renting
29%
Family households
76%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
25
avg ICSEA 1029
Unemployment
2.6%
Distance to CBD
22 km
Walk score
14/100

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

Properties in Success

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Frequently asked questions about Success

What should I check before investing in Success?

Success has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +16.7% 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 Success?

The median property price in Success, WA 6164 is $1M for houses and $600K for units.

What rental yield does Success show?

The gross rental yield in Success is 5.2% 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 Success?

House prices in Success are up 16.7% over the past year and up 55.0% 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 Success?

The current vacancy rate in Success is 0.7%. 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 Success?

Success has a population of approximately 11,340 residents, with a median age of 34.

What schools are near Success?

There are 25 schools within roughly 5km of Success. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Success affordable to buy in?

A median house in Success costs about 8.9 times the median local household income (broadly in line with metropolitan Australia). 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 Success's population growing?

The population of Success has grown about 22% 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 Success from the CBD?

Success is about 22 km from the CBD.

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