Edgewater (postcode 6027) is a compact suburb in Western Australia within the Joondalup local government area. With a population of 4,657, the suburb has an established demographic with a median age of 41. Households earn a median income of $105K per year, with an average household size of 2.6 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Edgewater is $1.1 million, having jumped by 24.2% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,950.
Edgewater is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 1 rail station, 37 bus stops.
On the investment side, Gross rental yield sits at around 3.3% (moderate yield). Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +24.2% 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.