Boyanup WA Property Investment
Capel · 6237 · Score: 55/100 · Hold
Boyanup Short-Term Rental (Airbnb) Market
Boyanup WA Investment Brief
HOLD — 1.7% gross yield on a $1,081,019 (pending peer validation) median.
THE MARKET
Boyanup has compounded at 3.7%/yr over 5 years. Median sits in the $1,081,019 (pending peer validation) band today. Properties are sitting on market for 45 days (roughly balanced conditions).
- Median house: $1,081,019 (pending peer validation) | Units: $345,122
- Gross yield: 1.7% | Net yield: 0.2%
- 5yr price CAGR: 3.7%/yr | 3yr forecast: 13.5%/yr
- Population: 1,304 | Owner-occupier rate: 85% | Affluence: Above Average
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 3.0% (stable) | Rental demand: Moderate
- Median weekly rent: $345/wk | Days on market: 45 (stable)
- Tenant market — vacancy elevated, negotiate hard on rent.
SHORT-TERM RENTAL
Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record.
- Transport: Boyanup station 0.3km away
BULL CASE
If Boyanup maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $1,243,172 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Boyanup pull back 10-15% from $1,081,019, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Girrawheen (WA): $775,000 median, 4.4% yield, 16.5% 1yr growth
- Mirrabooka (WA): $800,000 median, 4.5% yield, 13.2% 1yr growth
- Champion Lakes (WA): $857,315 median, 4.5% yield, 3.4% 1yr growth
THE PLAY
Boyanup offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $972,917 – $1,189,121
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 3.7% + 10yr CAGR 5.4%
- −High supply pipeline (838 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
92
2020
198
2021
132
2022
132
2023
284
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 6237
Decile 7 of 10 — Average
Population
2,656
Education (IEO)
4/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Boyanup WA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $345/wk median rent for Boyanup. Capital growth and rent increase are editable assumptions.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.