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Suburb Insights · WA 6515

Waddy Forest, WA 6515 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Waddy Forest is a regional centre in Western Australia, Australia, with a population of approximately 30, making it a boutique locality. Located approximately 235 km from the Perth CBD, Waddy Forest is a regional area in Western Australia. The median household income is $84,500 per year.

Investment Score

34 / 100 Weak

Household incomes in Waddy Forest sit in a comfortable mid-range for the Western Australia market. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Perth
Waddy Forest
Western Australia · 6515
235 km from Perth CBD
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Key Indicators

Postcode
6515

Official Australia Post postcode for Waddy Forest. A postcode may cover multiple suburbs.

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Population
30

Usual resident population at the most recent census.

Median weekly rent
N/A

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

Median household income
$84,500/yr

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

Distance to CBD
235 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
N/A

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

Home type
62% houses

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

Investment Insight

Waddy Forest is a smaller community of 30 — about 1% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $84,500/year is 15% below the Western Australia median of $99,736, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Waddy Forest is 235 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 62% of dwellings are separate houses (vs 79% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Waddy Forest vs Western Australia Median

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

MetricWaddy ForestWA medianΔ vs state
Population305,605-99%
Median household income$84,500/yr$99,736/yr-15%
Distance to CBD235 km20 km+1075%
Separate houses62%79%-17pp

Investor Checklist

Pre-inspection briefing for Waddy Forest — 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 30 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

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Rental Yield

Median rental data was not captured for Waddy Forest. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

Renovation / Flip

Only 62% 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.

Risk Factors

Run the numbers on a Waddy Forest property

Full Property Analysis

30-year projections for Waddy Forest

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Waddy Forest are modest for 2026 — incomes 15% below the WA median of $99,736 and a population of 30 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Waddy Forest. The EquitySight investment score of 34/100 places Waddy Forest 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 Waddy Forest a good suburb for investment?

Waddy Forest scores 34/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 30, median household income of $84,500/year. 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 Waddy Forest?

The main demand drivers in Waddy Forest are a median household income of $84,500/year, a dwelling mix that is 62% 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 Waddy Forest?

Waddy Forest has a usual resident population of approximately 30, 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 Waddy Forest from the Perth CBD?

Waddy Forest sits 235 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 Waddy Forest?

A reliable median rent was not captured for Waddy Forest. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Waddy Forest?

A reliable median mortgage figure was not captured for Waddy Forest. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Waddy Forest cash-flow positive for investors?

Census data was not complete enough in Waddy Forest to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Waddy Forest?

The main risks are a thin buyer pool (30 residents), interest-rate sensitivity, below-median household incomes ($84,500 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 Waddy Forest 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