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Suburb Insights · WA 6432

South Boulder, WA 6432 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

South Boulder is a regional centre in Western Australia, Australia, with a population of approximately 1,506, making it a boutique locality. Located approximately 551 km from the Perth CBD, South Boulder is a regional area in Western Australia. The median household income is $96,096 per year.

Investment Score

43 / 100 Moderate

Strong household incomes in South Boulder underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Perth
South Boulder
Western Australia · 6432
551 km from Perth CBD
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Key Indicators

Postcode
6432

Official Australia Post postcode for South Boulder. A postcode may cover multiple suburbs.

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Population
1,506

Usual resident population at the most recent census.

Median weekly rent
$300/wk

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

Median household income
$96,096/yr

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

Distance to CBD
551 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
$1,250/mo

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

Home type
79% houses

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

Investment Insight

South Boulder is a smaller community of 1,506 — about 27% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $96,096/year, household income in South Boulder is within 4% of the Western Australia median ($99,736), placing the suburb firmly in the state's mainstream demographic band. Median weekly rent of $300 equates to $1,300/month — about 104% of the median mortgage repayment of $1,250/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. South Boulder is 551 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

South Boulder vs Western Australia Median

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

MetricSouth BoulderWA medianΔ vs state
Population1,5065,605-73%
Median household income$96,096/yr$99,736/yr-4%
Median rent (weekly)$300$350-14%
Median mortgage (monthly)$1,250$1,902-34%
Distance to CBD551 km20 km+2655%
Separate houses79%79%0pp

Investor Checklist

Pre-inspection briefing for South Boulder — 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 1,506 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

Rental Yield

Strong rental coverage: $300/week (~$1,300/month) covers 104% of the $1,250/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 79% houses in a 1,506-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 South Boulder property

Full Property Analysis

30-year projections for South Boulder

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for South Boulder are modest for 2026 — incomes close to the WA median of $99,736 and a population of 1,506 suggest gains will lag headline metro markets. Rental coverage runs at ~104% of the typical mortgage ($1,300/month rent vs $1,250/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 43/100 places South Boulder 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 South Boulder a good suburb for investment?

South Boulder scores 43/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 1,506, median household income of $96,096/year and median weekly rent of $300. 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 South Boulder?

The main demand drivers in South Boulder are a median household income of $96,096/year, a dwelling mix that is 79% 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 South Boulder?

South Boulder has a usual resident population of approximately 1,506, 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 South Boulder from the Perth CBD?

South Boulder sits 551 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 South Boulder?

The most recent census recorded a median weekly rent of $300 in South Boulder, equating to approximately $15,600/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 South Boulder?

The median monthly mortgage repayment in South Boulder is $1,250, or approximately $15,000/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 South Boulder cash-flow positive for investors?

A median weekly rent of $300 works out to $1,300/month, covering 104% of the median mortgage repayment of $1,250/month. That means rent exceeds the median repayment by roughly $50/month, so on these numbers South Boulder 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 South Boulder?

The main risks are a thin buyer pool (1,506 residents), interest-rate sensitivity on the $1,250 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 South Boulder 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.

Nearby Suburbs

Western Australia Property Resources