Centennial Park (postcode 6330) is a small locality in Western Australia within the Albany local government area. It is home to about 689 residents, with a mature demographic and a median age of 53. Households earn a median income of $43K per year, with an average household size of 1.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% 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 community & personal service, technicians & trades, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Centennial Park stand at $645,000, having jumped by 37.1% over the last twelve months. The current median weekly rent is $485. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,295.
Public transport access includes 14 bus stops.
From an investment perspective, Centennial Park shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices sit below the state median ($645K/$1.0M), which can point to relative value. The price-to-income ratio of 15.1x is considered stretched. House prices have moved +37.1% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.