WA6625· Pop. 57Morawa

MERKANOOKA

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

77

Liveability score

27

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Est.

$265,000

Modelled estimate · 2026

Rent yield

Est.

4.9%

modelled estimate

Annual growth

Real

7.8%

annualised from govt data

Vacancy rate

Est.

1.2%

modelled estimate

AI insights for MERKANOOKA

Investment analysis, risks & comparisons

PREMIUM

MERKANOOKA shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Modelled estimate — no government price is published for this suburb, so we estimate it from real median rent + local factors (~15% typical error). Not real transaction data. Rent, schools, safety and demographics on this page are real.

Median rent

Est.

$250/wk

modelled estimate · weekly

Demand change

+7.5%

annual shift

Yield × growth index

6.4

combined signal

Net yield (est.)

6.53%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+7.1%

est. compound, long-run avg

10-yr growth (CAGR)

+3.5%

est. compound, long-run avg

Rental demand

62 / 100

Strong demand

Supply pipeline

Real

1.3%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

Dwellings built (WA)

Real

19,963

completed in year to Mar-2026 · ABS 8752.0 (state)

8.7% vs prior year · 24,236 started

5-year price history

No price history available.

Source: Modelled estimate · 2026 · all sources

Market overview

MERKANOOKA is a WA suburb offering moderate rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 4.9% with stable tenant demand
  • High annual growth of 7.8% — outperforming state average
  • Very low vacancy rate — high rental demand
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,812/wk

$45k taxable p.a.

Renters

21.5%

54.5% owner-occupier

Median age

39.0 yrs

Unemployment

3.3%

ABS SALM (SA2)

Population growth

+1.2% p.a.

Socio-economic

9/10

SEIFA IRSAD decile · ABS

Investor-owned

13.1%

of all dwellings (ATO)

Houses

84%

6% apartments

Degree qualified

21.2%

bachelor's or higher (ABS)

Work from home

13.1%

of employed residents (ABS Census)

Median lot size

3.2 ha

Large block

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

0.2%

Mostly long-term tenants

Market activity

Distance to CBD

316.2 km

Regional

Days on market

53 days

Slower market

Auction clearance

23.9%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

134.7 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

26/km²

Rural / semi-rural

Liveability & safety

Safety index

High crime
0/ 100

27.2 offences / 100 persons

Source: WA Police · 2024-25 (district)

School quality

Below average
906ICSEA · national avg 1000

1 school in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
7/ 100
🚆 0 train🚌 2 bus

Source: State GTFS feeds

Gentrification signal

15

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

medium

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in MERKANOOKA

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