Pickering Brook WA Property Investment

Mundaring · 6076 · Score: 62/100 · Hold

Median House Price
$643K
Rental Yield
2.9%
Vacancy Rate
0.9%
Median Weekly Rent
$360/wk
Median Unit Price
$542K
Population
579
Days on Market
18 days
Annual Growth
15.0%

Pickering Brook Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$476.19/night
Occupancy Rate
37%
Est. Annual Revenue
$64K
AI Investment Analysis

Pickering Brook WA Investment Brief

HOLD2.9% gross yield on a $643,000 (single source — OnTheHouse only, no peer to validate) median.

THE MARKET

Pickering Brook has compounded at 3.5%/yr over 5 years. Median sits in the $643,000 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 18 days (sellers have the leverage).

  • Median house: $643,000 (single source — OnTheHouse only, no peer to validate) | Units: $541,821
  • Gross yield: 2.9% | Net yield: 1.4%
  • 5yr price CAGR: 3.5%/yr | 3yr forecast: 13.5%/yr
  • Population: 579 | Owner-occupier rate: 86% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 0.9% (improving) | Rental demand: Very High
  • Median weekly rent: $360/wk | Days on market: 18 (improving)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $476/night | Occupancy: 37%
  • Estimated annual STR gross: ~$64,309/yr
  • vs long-term rent: $18,720/yr (+244% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Seaforth station 17.8km away

BULL CASE

If Pickering Brook maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $739,450 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Pickering Brook pull back 10-15% from $643,000, with vacancy rising to 1.6% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Mandurah (WA): $746,319 median, 3.8% yield, 16.5% 1yr growth
  • Balga (WA): $750,000 median, 5.0% yield, 14.1% 1yr growth
  • Girrawheen (WA): $775,000 median, 4.4% yield, 16.5% 1yr growth

THE PLAY

Pickering Brook offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low 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: $578,700$707,300
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market holding under 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

Pre-gentrification2.0/10
High SEIFA decile — already upgraded or established affluent area
Outer suburban location (33.5km to CBD) — slower gentrification cycle
Active development pipeline (667 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
4.4%
p.a.
2yr Forecast
4.0%
p.a.
5yr Forecast
3.5%
p.a.

Basis: 5yr CAGR 3.5% + 10yr CAGR 5.0%

Growth drivers
  • +Very tight rental market (vacancy 0.9%) — upward price pressure
  • +Fast sales (18 days avg) — strong buyer demand
Headwinds
  • High supply pipeline (667 new approvals) — may cap price growth

Suburb Metric Thresholds

7 green3 yellow6 red
Rental Vacancy Rate
0.9 high impact
Days on Market
18 high impact
Weekly Rent (house)
360 medium impact
5yr Price CAGR
3.54 high impact
10yr Price CAGR
5.01 high impact
1yr Price Growth
15 medium impact
Population Growth
0.33 high impact
Median Household Income
1944 medium impact
Unemployment Rate
3.9 medium impact
Public Transport Score
0 medium impact
School Zone Quality
6.7 medium impact
Distance to CBD
33.51 medium impact
SEIFA Advantage/Disadvantage
9 medium impact
Owner Occupier Rate
85.9 medium impact
Gross Rental Yield (%)
2.91 high impact
Net Rental Yield (%)
1.41 high impact

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

106

2020

189

2021

132

2022

97

2023

143

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6076

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

22,308

Education (IEO)

8/10

Econ. Resources (IER)

9/10

10-Year Investment Projection

Modelled on Pickering Brook WA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $360/wk median rent for Pickering Brook. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.