ABS 2021 Census · Updated 31 March 2026
Waikiki is an outer-metropolitan suburb of Perth, Australia, with a population of approximately 12,453, making it a smaller community. Located approximately 42 km from the Perth CBD, Waikiki is a outer metro area in Western Australia. The median household income is $83,772 AUD per year (ABS 2021 Census).
Moderate income levels in Waikiki indicate steady rental demand from working households. The outer location offers affordability but may see slower price appreciation.
Map shows Waikiki, Western Australia, Australia.
Official Australia Post postcode for Waikiki. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 3 schools within or near this suburb based on ABS 2021 data.
Find schools near Waikiki on My School →Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →Waikiki's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $320/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,600/month. The median household income of $83,772/year reflects a solid demographic, supporting sustainable rental demand. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
A buy-and-hold approach in Waikiki could work well with careful property selection and a longer time horizon.
Expect competitive but not exceptional rental returns in Waikiki's current market.
Waikiki's established market and growing population make it a viable location for value-add renovations.
Run the numbers on a Waikiki property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Growth in Waikiki through 2026 will likely be steady rather than spectacular, tracking the wider market. The rental market in Waikiki should see steady occupancy, with moderate upward pressure on rents. The market mood around Waikiki is balanced — neither bullish nor bearish heading into 2026.
Waikiki is a outer metro area in Western Australia with a population of 12,453. The median rent is $320/week and the median household income is $83,772/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Waikiki include affordability relative to inner suburbs and expanding infrastructure. 91% of dwellings are separate houses. The area has approximately 3 schools and 5 parks nearby.
According to the ABS 2021 Census, Waikiki has a population of approximately 12,453. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Waikiki is approximately 42 km straight-line distance from the Perth CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.