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Suburb Insights · WA 6507

Mimegarra, WA 6507 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Mimegarra is a regional centre in Western Australia, Australia, with a population of approximately 11, making it a boutique locality. Located approximately 126 km from the Perth CBD, Mimegarra is a regional area in Western Australia. The median household income is $143,000 per year.

Investment Score

49 / 100 Moderate

Above-average earnings in Mimegarra support sustained property values. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Perth
Mimegarra
Western Australia · 6507
126 km from Perth CBD
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Key Indicators

Postcode
6507

Official Australia Post postcode for Mimegarra. A postcode may cover multiple suburbs.

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Population
11

Usual resident population at the most recent census.

Median weekly rent
$323/wk

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

Median household income
$143,000/yr

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

Distance to CBD
126 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
$2,947/mo

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

Home type
120% houses

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

Investment Insight

Mimegarra is a smaller community of 11 — about 0% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $143,000/year runs 43% above the Western Australia suburb median of $99,736, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Weekly rent of $323 covers just 48% of the median $2,947/month mortgage repayment, leaving a $1,547/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Mimegarra is 126 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Separate houses make up 120% of dwellings — 41 percentage points above the Western Australia median of 79% — pointing to a family-oriented, land-rich market where value is concentrated in the underlying block.

Mimegarra vs Western Australia Median

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

MetricMimegarraWA medianΔ vs state
Population115,605-100%
Median household income$143,000/yr$99,736/yr+43%
Median rent (weekly)$323$350-8%
Median mortgage (monthly)$2,947$1,902+55%
Distance to CBD126 km20 km+530%
Separate houses120%79%+41pp

Investor Checklist

Pre-inspection briefing for Mimegarra — 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 11 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

Rental Yield

Weak cash flow: $323/week rent covers only 48% of the $2,947/month median mortgage — a $1,547/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 120% houses in a 11-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Mimegarra property

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30-year projections for Mimegarra

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Mimegarra are modest for 2026 — incomes 43% above the WA median of $99,736 and a population of 11 suggest gains will lag headline metro markets. Rental coverage runs at ~48% of the typical mortgage ($1,400/month rent vs $2,947/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 49/100 places Mimegarra in the mid 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 Mimegarra a good suburb for investment?

Mimegarra scores 49/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 11, median household income of $143,000/year and median weekly rent of $323. 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 Mimegarra?

The main demand drivers in Mimegarra are an above-state-median household income of $143,000/year, a dwelling mix that is 120% 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 Mimegarra?

Mimegarra has a usual resident population of approximately 11, 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 Mimegarra from the Perth CBD?

Mimegarra sits 126 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 Mimegarra?

The most recent census recorded a median weekly rent of $323 in Mimegarra, equating to approximately $16,796/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 Mimegarra?

The median monthly mortgage repayment in Mimegarra is $2,947, or approximately $35,364/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Mimegarra cash-flow positive for investors?

A median weekly rent of $323 works out to $1,400/month, covering 48% of the median mortgage repayment of $2,947/month. That leaves a $1,547/month shortfall (around $18,564/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Mimegarra?

The main risks are a thin buyer pool (11 residents), interest-rate sensitivity on the $2,947 median mortgage, 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 Mimegarra 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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Western Australia Property Resources