Bakers Hill is a small locality in Western Australia within the Northam local government area (postcode 6562). The area has roughly 1,276 residents and an established family demographic, with a median age of 44. Households earn a median income of $80K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.5% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, professionals. Employment in the area leans toward mining and public admin & safety. The top ancestries reported are English, Australian, Scottish.
Median house prices in Bakers Hill stand at $495,000, having fallen sharply by 9.4% over the last twelve months. The current median weekly rent is $515. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,800.
Bakers Hill is served by 1 school, including 1 primary. The average ICSEA score is 964, which is around the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Gross rental yield sits at around 5.4% (high yield). Property prices sit below the state median ($495K/$1.0M), which can point to relative value. The price-to-income ratio of 6.2x is considered moderate. House prices have moved -9.4% year-on-year. Population growth of +2.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.