Free full calculator โ†’
Suburb Insights ยท WA 6112

Piara Waters 6112, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Piara Waters is a well-established middle-ring suburb of Perth, Australia, with a population of approximately 15,029, making it a smaller community. Located approximately 21 km from the Perth CBD, Piara Waters is a middle ring area in Western Australia. The median household income is $128,804 AUD per year (ABS 2021 Census).

Investment Score

76 / 100 Good

Piara Waters benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Piara Waters, Western Australia, Australia.

Key Indicators

Postcode
6112

Official Australia Post postcode for Piara Waters. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
15,029

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$420/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$128,804/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
21 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

Find schools near Piara Waters on My School โ†’
Parks & green spaces
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,054/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
94% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Piara Waters's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $420/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,054/month. A median household income of $128,804/year supports premium property values and indicates a well-employed resident base. 94% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โœ…
Buy & Hold

With robust local demand and income levels, Piara Waters is a natural candidate for patient investors.

โš ๏ธ
Rental Yield

Piara Waters can deliver reasonable rental income, though yields are not the primary draw.

โœ…
Renovation / Flip

Piara Waters's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Piara Waters property

Full Property Analysis

30-year projections for Piara Waters

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Piara Waters is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. The rental market in Piara Waters should see steady occupancy, with moderate upward pressure on rents. Piara Waters remains on the radar of active property investors in Western Australia.

Frequently Asked Questions

Is Piara Waters a good suburb for investment?

Piara Waters is a middle ring area in Western Australia with a population of 15,029. The median rent is $420/week and the median household income is $128,804/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Piara Waters?

Key demand drivers in Piara Waters include established amenities and transport access. 94% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Piara Waters?

According to the ABS 2021 Census, Piara Waters has a population of approximately 15,029. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Piara Waters from the Perth CBD?

Piara Waters is approximately 21 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

Explore Nearby Suburbs

Western Australia Property Resources