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Vasse, WA 6280

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

Data updated

Tight Rental MarketStrong Growth

Median House

$945,000

market range $875K-$1.1M

Median Unit

$990,000

Gross Yield (houses)

4.7%

1yr Growth (houses)

+18.6%

market range +7.5% to +25.0%

Investment snapshot for Vasse

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

Read the full Vasse verdict

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Vasse market and investor summary

Vasse (WA 6280) runs a median house price of $945K, with houses yielding a gross 4.7%. House prices have moved +18.6% over the past year and +52.2% over three years. At 1.1% 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 4.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.

Living in Vasse: people, income and schools

About 2,853 people live in Vasse, and the area has been growing steadily, up about 11% over five years. The median age is 39, broadly working-age, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $94,000 a year, or roughly $1,810 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 10.0 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 2 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 13 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
2,853
+11% over 5yr
Median age
39 years
Median household income
$94,000/yr
Households renting
15%
Family households
83%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
2
avg ICSEA 1004
Unemployment
2.6%
Walk score
13/100

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

Properties in Vasse

No properties currently listed in Vasse

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Frequently asked questions about Vasse

What should I check before investing in Vasse?

Vasse has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +18.6% 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 Vasse?

The median property price in Vasse, WA 6280 is $945K for houses and $990K for units.

What rental yield does Vasse show?

The gross rental yield in Vasse is 4.7% for houses and 4.4% 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 Vasse?

House prices in Vasse are up 18.6% over the past year and up 52.2% 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 Vasse?

The current vacancy rate in Vasse 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 Vasse?

Vasse has a population of approximately 2,853 residents, with a median age of 39.

What schools are near Vasse?

There are 2 schools within roughly 5km of Vasse. 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 Vasse affordable to buy in?

A median house in Vasse costs about 10.0 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 Vasse's population growing?

The population of Vasse has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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