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ABS 2021 Census · Updated 21 May 2026
Myaree is an outer-metropolitan suburb of Perth, Australia, with a population of approximately 2,105, making it a boutique locality. Located approximately 11 km from the Perth CBD, Myaree is a outer metro area in Western Australia. The median household income is $102,804 per year.
Myaree benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.
Official Australia Post postcode for Myaree. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Myaree on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Myaree is a smaller community of 2,105 — about 38% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $102,804/year, household income in Myaree is within 3% of the Western Australia median ($99,736), placing the suburb firmly in the state's mainstream demographic band. Rent of $400/week (80% coverage of the $2,167/month median mortgage) leaves a gap of roughly $434/month that a typical investor bridges with negative gearing, depreciation and capital growth. 11 km from Perth places Myaree in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.
How Myaree stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Myaree sits above the state median; negative means below.
| Metric | Myaree | WA median | Δ vs state |
|---|---|---|---|
| Population | 2,105 | 5,605 | -62% |
| Median household income | $102,804/yr | $99,736/yr | +3% |
| Median rent (weekly) | $400 | $350 | +14% |
| Median mortgage (monthly) | $2,167 | $1,902 | +14% |
| Distance to CBD | 11 km | 20 km | -45% |
| Separate houses | 66% | 79% | -13pp |
Pre-inspection briefing for Myaree — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 2,105 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.
Moderate rental coverage: rent of $400/week covers 80% of a $2,167/month mortgage, leaving a $434/month gap that an investor bridges with equity, depreciation and tax benefits.
Only 66% 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.
Run the numbers on a Myaree property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Myaree are modest for 2026 — incomes close to the WA median of $99,736 and a population of 2,105 suggest gains will lag headline metro markets. Rental coverage runs at ~80% of the typical mortgage ($1,733/month rent vs $2,167/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 66/100 places Myaree in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Myaree scores 66/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 2,105, median household income of $102,804/year and median weekly rent of $400. 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.
The main demand drivers in Myaree are proximity to Perth (11 km), an above-state-median household income of $102,804/year, a dwelling mix that is 66% 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.
Myaree has a usual resident population of approximately 2,105, 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.
Myaree sits 11 km straight-line from the Perth CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $400 in Myaree, equating to approximately $20,800/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.
The median monthly mortgage repayment in Myaree is $2,167, or approximately $26,004/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.
A median weekly rent of $400 works out to $1,733/month, covering 80% of the median mortgage repayment of $2,167/month. That leaves a $434/month shortfall (around $5,208/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.
The main risks are a thin buyer pool (2,105 residents), interest-rate sensitivity on the $2,167 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.
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.