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Wattle Grove, WA 6107
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,035,000
market range $950K-$1.1M
Median Unit
$655,000
list-price estimate
Gross Yield (houses)
3.8%
1yr Growth (houses)
+16.5%
market range +7.5% to +25.0%
Investment snapshot for Wattle Grove
Wattle Grove has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wattle Grove market and investor summary
Wattle Grove (WA 6107) runs a median house price of $1.0M, with houses yielding a gross 3.8%. House prices have moved +16.5% over the past year. At 1.8% 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 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.
Living in Wattle Grove: people, income and schools
Wattle Grove has a resident population of roughly 6,547, and the area has been growing steadily, up about 14% over five years. The median age is 34, broadly working-age, and 84% 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 $124,000 a year, or roughly $2,380 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 8.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.
There are 19 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 12 km from the CBD. It is fairly car-dependent; the suburb scores 16 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 6,547
- +14% over 5yr
- Median age
- 34 years
- Median household income
- $124,000/yr
- Households renting
- 15%
- Family households
- 87%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 19
- avg ICSEA 1032
- Unemployment
- 5.0%
- Distance to CBD
- 12 km
- Walk score
- 16/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wattle Grove
View all →Frequently asked questions about Wattle Grove
What should I check before investing in Wattle Grove?
Wattle Grove has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Capital growth of +16.5% 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 Wattle Grove?
The median property price in Wattle Grove, WA 6107 is $1.0M for houses.
What rental yield does Wattle Grove show?
The gross rental yield in Wattle Grove is 3.8% for houses and 4.6% 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 Wattle Grove?
House prices in Wattle Grove are up 16.5% 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 Wattle Grove?
The current vacancy rate in Wattle Grove is 1.8%. 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 Wattle Grove?
Wattle Grove has a population of approximately 6,547 residents, with a median age of 34.
What schools are near Wattle Grove?
There are 19 schools within roughly 5km of Wattle Grove. 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 Wattle Grove affordable to buy in?
A median house in Wattle Grove costs about 8.4 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 Wattle Grove's population growing?
The population of Wattle Grove has grown about 14% 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 Wattle Grove from the CBD?
Wattle Grove is about 12 km from the CBD.
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