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Suburb Insights ยท WA 6751

Tom Price 6751, Western Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Tom Price is a regional centre in Western Australia, Australia, with a population of approximately 2,910, making it a boutique locality. Located approximately 1047 km from the Perth CBD, Tom Price is a regional area in Western Australia. The median household income is $162,500 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

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

Location

Map shows Tom Price, Western Australia, Australia.

Key Indicators

Postcode
6751

Official Australia Post postcode for Tom Price. A postcode may cover multiple suburbs.

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Population
2,910

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

ABS Census Data โ†’
Median Rent (weekly)
$48/wk

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

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Median Household Income
$162,500/yr

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

ABS Census Data โ†’
Distance to CBD
1047 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
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,200/mo

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

ABS Census Data โ†’
Dwelling Type
63% 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

As a regional centre, Tom Price serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $48/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,200/month. A median household income of $162,500/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Tom Price offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Tom Price tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Limited buyer depth in Tom Price makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Tom Price property

Full Property Analysis

30-year projections for Tom Price

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital growth in Tom Price may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Tom Price may face longer tenant search times; competitive pricing will be important. The market mood around Tom Price is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Tom Price a good suburb for investment?

Tom Price is a regional area in Western Australia with a population of 2,910. The median rent is $48/week and the median household income is $162,500/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 Tom Price?

Key demand drivers in Tom Price include regional employment hubs, lifestyle, and affordability. 63% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Tom Price?

According to the ABS 2021 Census, Tom Price has a population of approximately 2,910. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Tom Price from the Perth CBD?

Tom Price is approximately 1047 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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