Drummond Cove is a close-knit residential community in Western Australia within the Greater Geraldton local government area (postcode 6532). With a population of 1,605, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $111K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Drummond Cove is $765,000, having climbed sharply by 21.4% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,733.
Public transport access includes 20 bus stops.
Looking at the investment signals, Gross rental yield sits at around 4.6% (moderate yield). Property prices are near the state median ($765K/$1.0M). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +21.4% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.