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Suburb Insights · WA 6623

Morawa, WA 6623 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Morawa is a regional centre in Western Australia, Australia, with a population of approximately 459, making it a boutique locality. Located approximately 305 km from the Perth CBD, Morawa is a regional area in Western Australia. The median household income is $64,428 per year.

Investment Score

28 / 100 Weak

Household earnings in Morawa are below the state average, which may affect long-term capital growth. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Perth
Morawa
Western Australia · 6623
305 km from Perth CBD
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Key Indicators

Postcode
6623

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

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Population
459

Usual resident population at the most recent census.

Median weekly rent
$190/wk

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

Median household income
$64,428/yr

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

Distance to CBD
305 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
$500/mo

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

Home type
77% houses

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

Investment Insight

Morawa is a smaller community of 459 — about 8% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Morawa's median household income of $64,428/year is 35% 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. Median weekly rent of $190 equates to $823/month — about 165% of the median mortgage repayment of $500/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Morawa is 305 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Morawa vs Western Australia Median

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

MetricMorawaWA medianΔ vs state
Population4595,605-92%
Median household income$64,428/yr$99,736/yr-35%
Median rent (weekly)$190$350-46%
Median mortgage (monthly)$500$1,902-74%
Distance to CBD305 km20 km+1425%
Separate houses77%79%-2pp

Investor Checklist

Pre-inspection briefing for Morawa — 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 459 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

Rental Yield

Strong rental coverage: $190/week (~$823/month) covers 165% of the $500/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 77% houses in a 459-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 Morawa property

Full Property Analysis

30-year projections for Morawa

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Morawa are modest for 2026 — incomes 35% below the WA median of $99,736 and a population of 459 suggest gains will lag headline metro markets. Rental coverage runs at ~165% of the typical mortgage ($823/month rent vs $500/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 28/100 places Morawa 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 Morawa a good suburb for investment?

Morawa scores 28/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 459, median household income of $64,428/year and median weekly rent of $190. 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 Morawa?

The main demand drivers in Morawa are a median household income of $64,428/year, a dwelling mix that is 77% 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 Morawa?

Morawa has a usual resident population of approximately 459, 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 Morawa from the Perth CBD?

Morawa sits 305 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 Morawa?

The most recent census recorded a median weekly rent of $190 in Morawa, equating to approximately $9,880/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 Morawa?

The median monthly mortgage repayment in Morawa is $500, or approximately $6,000/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 Morawa cash-flow positive for investors?

A median weekly rent of $190 works out to $823/month, covering 165% of the median mortgage repayment of $500/month. That means rent exceeds the median repayment by roughly $323/month, so on these numbers Morawa leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. 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 Morawa?

The main risks are a thin buyer pool (459 residents), interest-rate sensitivity on the $500 median mortgage, below-median household incomes ($64,428 vs $99,736 state median), 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 Morawa 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