Located in Western Australia within the Busselton local government area, Bovell is a sparsely populated locality (postcode 6280). The area has roughly 475 residents and a settled, mature resident base, with a median age of 46. Households earn a median income of $113K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% 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 professionals, technicians & trades, managers. Employment in the area leans toward education and retail trade. The top ancestries reported are English, Australian, Irish.
Bovell has a median house price of $1.8 million, which has jumped by 27% year-on-year. The median weekly rent is $480 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $1,950.
From an investment perspective, The gross rental yield works out to roughly 1.4%, which reads as low yield. Property prices are above the state median ($1.8M/$1.0M), placing it in the premium segment. The price-to-income ratio of 16.1x is considered stretched. House prices have moved +27.0% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.