Myaree
At 1.39 km2 and a population of just 2,105, Myaree packs considerable economic weight into a compact footprint south of the Swan River. Household income sits at the 74.3rd percentile nationally, well above the typical mortgage-belt suburb, yet the median house price of $525,000 keeps the suburb firmly in affordable territory compared to inner-Perth equivalents. The ownership rate tells the story: 40.1% own outright and 40.5% carry a mortgage, meaning 80.6% of dwellings are owner-occupied, a figure that points to long-term stability rather than speculative churn. University qualifications reach 40.1%, which is 10 percentage points above the national average, and the median age of 42 is 2 years older than national.
Population
2,105
Median Age
42.0
Household IncomeiMedian weekly household income (ABS Census)
$1,977/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$525K
Estimated from rent (2025)
The $525,000 median house price is an estimated figure derived from rents as of 2025, so buyers should treat it as a guide rather than a transaction-confirmed benchmark. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of 25.3%, comfortably below the 30% stress threshold. Stock is predominantly separate houses at 71.7%, with semi-detached homes at 27.6% and apartments at just 0.6%, so most buyers are competing for detached dwellings. Bedroom sizes lean larger than average: 41.1% of homes have 3 bedrooms and 34.9% have 4 or more, which suits families. The 40.1% outright ownership rate is higher than most comparable suburbs, suggesting established residents who bought years ago and paid off their loans, keeping forced-sale pressure low.
For Buyers
The $525,000 median house price is an estimated figure derived from rents as of 2025, so buyers should treat it as a guide rather than a transaction-confirmed benchmark. Monthly mortgage repayments average $2,167, producing a mortgage-to-income ratio of 25.3%, comfortably below the 30% stress threshold. Stock is predominantly separate houses at 71.7%, with semi-detached homes at 27.6% and apartments at just 0.6%, so most buyers are competing for detached dwellings. Bedroom sizes lean larger than average: 41.1% of homes have 3 bedrooms and 34.9% have 4 or more, which suits families. The 40.1% outright ownership rate is higher than most comparable suburbs, suggesting established residents who bought years ago and paid off their loans, keeping forced-sale pressure low.
For Investors
Rental demand in Myaree is modest relative to many Perth suburbs: only 19.4% of dwellings are rented, compared to higher renter shares in inner-city areas, and the 7.4% vacancy rate is elevated, signalling some supply overhang. Weekly rent averages $400, and the rent-to-income ratio of 20.2% keeps tenants well below stress levels. Against a $525,000 median, that rent implies a gross yield near 4.0%, reasonable by Perth standards. The suburb had zero development applications recorded in the past 12 months, meaning no new supply is entering the market in the near term. Overseas-born residents at 28.3% run 6.7 points above the national figure, which supports tenant diversity, though the primary population driver is internal stability, with 79.4% of residents not moving in the prior year.
Demographics
The median age of 42 sits 2 years above the national figure, consistent with the identity signal of an aging, settled suburb. University qualifications at 40.1% exceed the national average by 10 percentage points, reflecting the concentration of professionals and managers in the workforce. Overseas-born residents at 28.3% are 6.7 points above national, with English (875), Irish (250) and Scottish (235) ancestry dominating, alongside an Italian community of 141. Average household size is 2.4, marginally below the national figure. Couples with children account for 732 families, outnumbering couples without children at 325, a pattern typical of mid-ring family suburbs rather than inner-city or retirement enclaves. Volunteering at 17.6% is a further indicator of a stable, engaged residential base.
Age Distribution
Bedrooms
Dwelling Structure
71.7%
Houses
27.6%
Townhouse
0.6%
Apartment
Tenure
Ownership dominates tenure in Myaree: 40.1% own outright and 40.5% are paying a mortgage, leaving only 19.4% renting, lower than most Perth suburbs. This combination of debt-free and mortgaged owners at 80.6% combined suggests low turnover pressure and stable pricing. Stock is heavily weighted toward separate houses at 71.7%, with semi-detached at 27.6% and apartments at just 0.6%, so the market is almost exclusively detached and semi-detached dwellings. Bedroom distribution favours families, with 3-bedroom homes at 41.1% and 4-plus bedroom at 34.9%, while 2-bedroom dwellings account for 21.3%. Monthly mortgage repayments of $2,167 against a 74.3rd-percentile household income produce a mortgage-to-income ratio of 25.3%, below stress levels, and rent-to-income at 20.2% is similarly comfortable.
Mortgage / mo
$2,167
Rent / wk
$400
HH Size
2.4
Personal Income / wk
$876
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
7.4%
Unoccupied
62
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
20.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.3%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
21.1%
Couples, no children
1,537
Total families
Economy & Employment
The top industries by resident employment are Healthcare at 18.5% (139 workers) and Education at 15.7% (118 workers), together accounting for more than a third of the employed population, a pattern typical of middle-income professional suburbs near major health and education precincts. Professional/Tech follows at 9.0% (68 workers), Public Administration at 8.4% (63) and Construction at 8.2% (62). By occupation, Professionals lead at 295, with Managers at 138 and Clerical/Admin at 131. Unemployment sits at 3.9%, marginally below the national benchmark, and the full-time employment rate is 64.5%. Weekly household income of $1,977 places Myaree at the 74.3rd percentile nationally, which is above average but not at the premium end. SEIFA decile data is not available for this suburb.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
64.5%
Part-time
31.6%
Participation
57.1%
Employed
940
Occupations
Top Industries
University
40.1%
Postgraduate
7.9%
Born Overseas
28.3%
Dwellings
774
Transport to Work
Transport in Myaree is predominantly car-based: 87.1% drive as their main mode, while 4.9% use public transport and 3.5% walk or cycle. No schools are recorded inside the Myaree boundary, so families with school-age children rely on institutions in adjacent suburbs. Crime rate data is not available for Myaree in this dataset. On the welfare side, 11.3% of residents (229 people) require daily assistance, which is a useful indicator of age and health burden, consistent with the median age of 42 sitting 2 years above national. Household income at the 74.3rd percentile nationally supports comfortable daily costs for most residents. The volunteering rate of 17.6% and the 79.4% residential stability suggest a suburb where most residents have chosen to stay rather than passing through.
Drive
87.1%
Public Transport
4.9%
Walk / Cycle
3.5%
Work from Home
N/A
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Myaree compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Myaree a good suburb to live in?
Myaree suits households looking for detached housing at a $525,000 median price with household income at the 74.3rd percentile nationally. Mortgage costs at 25.3% of income are below stress levels. The main trade-offs are no recorded schools within the suburb boundary and a car-dependent transport mode share of 87.1%.
What is the median house price in Myaree?
The median house price is approximately $525,000, estimated from current rents as of 2025. Monthly mortgage repayments average $2,167, giving a mortgage-to-income ratio of 25.3%, below the 30% stress threshold. Weekly rent averages $400.
What schools are in Myaree?
No schools are recorded within the Myaree suburb boundary in this dataset. Families rely on schools in surrounding suburbs. Despite this, the suburb has a university qualification rate of 40.1%, which is 10 percentage points above the national average, reflecting a well-educated adult population.
Is Myaree safe?
Detailed crime statistics are not available for Myaree in this dataset. As indirect indicators, household income sits at the 74.3rd percentile nationally and the suburb's 80.6% owner-occupancy rate is well above average, both associated with lower-disadvantage, stable residential areas. Only 3.9% unemployment is recorded.
Is Myaree good for property investment?
Weekly rent of $400 against a $525,000 median implies a gross yield near 4.0%, reasonable by Perth standards, though the 7.4% vacancy rate is elevated and only 19.4% of dwellings are rented. Zero development applications in the past 12 months means no new supply is imminent. Yields suit long-hold strategies more than short-term plays.
How is Myaree's population changing?
Myaree has a population of 2,105 within 1.39 km2, giving a density of 1,514.9 per km2. Residential stability is high: 79.4% of residents did not move in the prior year, with a turnover rate of 20.6%. Overseas-born residents at 28.3% are 6.7 points above the national average, providing modest external demand.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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