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Suburb Insights · WA 6743

Lake Argyle, WA 6743 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Lake Argyle is a regional centre in Western Australia, Australia, with a population of approximately 205, making it a boutique locality. Located approximately 2152 km from the Perth CBD, Lake Argyle is a regional area in Western Australia. The median household income is $48,048 per year.

Investment Score

24 / 100 Weak

Household earnings in Lake Argyle are below the state average, which may affect long-term capital growth. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Perth
Lake Argyle
Western Australia · 6743
2152 km from Perth CBD
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Key Indicators

Postcode
6743

Official Australia Post postcode for Lake Argyle. A postcode may cover multiple suburbs.

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Population
205

Usual resident population at the most recent census.

Median weekly rent
$85/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$48,048/yr

Annual median household income (before tax) across all households.

Distance to CBD
2152 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
37% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Lake Argyle is a smaller community of 205 — about 4% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Lake Argyle's median household income of $48,048/year is 52% below the Western Australia suburb median ($99,736) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. The median weekly rent of $85 translates to approximately $4,420/year in gross rental income, setting the upper bound on yield before vacancy, rates, insurance and maintenance. Lake Argyle is 2152 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 37% of dwellings are separate houses (vs 79% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Lake Argyle vs Western Australia Median

How Lake Argyle stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Lake Argyle sits above the state median; negative means below.

MetricLake ArgyleWA medianΔ vs state
Population2055,605-96%
Median household income$48,048/yr$99,736/yr-52%
Median rent (weekly)$85$350-76%
Distance to CBD2152 km20 km+10660%
Separate houses37%79%-42pp

Investor Checklist

Pre-inspection briefing for Lake Argyle — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 205 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

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Rental Yield

Gross rent of $85/week (~$4,420/year) sets the yield ceiling. Cross-check against your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

Renovation / Flip

Only 37% of dwellings are separate houses (vs 79% WA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

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30-year projections for Lake Argyle

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Lake Argyle are modest for 2026 — incomes 52% below the WA median of $99,736 and a population of 205 suggest gains will lag headline metro markets. Rents sit around $85/week, setting the baseline gross rental income at roughly $4,420/year — refine this against current listings before running your numbers. The EquitySight investment score of 24/100 places Lake Argyle in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Lake Argyle a good suburb for investment?

Lake Argyle scores 24/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 205, median household income of $48,048/year and median weekly rent of $85. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Lake Argyle?

The main demand drivers in Lake Argyle are a median household income of $48,048/year, a dwelling mix that is 37% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Lake Argyle?

Lake Argyle has a usual resident population of approximately 205, compared with a Western Australia suburb median of 5,605 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Lake Argyle from the Perth CBD?

Lake Argyle sits 2152 km straight-line from the Perth CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Lake Argyle?

The most recent census recorded a median weekly rent of $85 in Lake Argyle, equating to approximately $4,420/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Lake Argyle?

A reliable median mortgage figure was not captured for Lake Argyle. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Lake Argyle cash-flow positive for investors?

Census data was not complete enough in Lake Argyle to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Lake Argyle?

The main risks are a thin buyer pool (205 residents), interest-rate sensitivity, below-median household incomes ($48,048 vs $99,736 state median), a unit-heavy dwelling mix (37% houses) where body-corporate costs and apartment supply affect resale, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Lake Argyle profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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