York WA Property Investment

CAUTION — 5.6% gross yield on a $558,419 (pending peer validation) median.

York has compounded at 1.8%/yr over 5 years. Median sits in the $558,419 (pending peer validation) band today. Properties are sitting on market for 40 days (roughly balanced conditions).

• Median house: $558,419 (pending peer validation) | Units: $111,619
• Gross yield: 5.6% | Net yield: 4.1%
• 5yr price CAGR: 1.8%/yr | 3yr forecast: 13.5%/yr
• Population: 2,393 | Owner-occupier rate: 78% | Affluence: Below Average

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 2.6% (stable) | Rental demand: Moderate
• Median weekly rent: $600/wk | Days on market: 40 (stable)
• Balanced market — vacancy manageable but monitor trend.

• Median nightly rate: $204/night | Occupancy: 28%
• Estimated annual STR gross: ~$20,750/yr
• vs long-term rent: $31,200/yr (comparable — LTR offers simpler management)

• No major confirmed infrastructure projects on record.
• Transport: York CBH station 1.1km away

If York maintains 3%+ annual growth and vacancy stays below 1.8%, median prices could reach $642,182 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in York pull back 10-15% from $558,419, with vacancy rising to 4.7% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Greenfields (WA): $680,000 median, 4.4% yield, 8.1% 1yr growth
• Calista (WA): $680,000 median, 4.3% yield, 12.8% 1yr growth
• Camillo (WA): $715,000 median, 4.4% yield, 14.8% 1yr growth

York carries elevated risk that outweighs potential returns at current levels. A recovery market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $502,577 – $614,261
• Minimum gross yield to target: 5.9%
• 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.