Located in Western Australia within the Augusta Margaret River local government area, Gnarabup is a small community (postcode 6285). It is home to about 525 residents, with a settled mid-life population and a median age of 43. Households earn a median income of $111K 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 +3.5% 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 professionals, technicians & trades, managers. Employment in the area leans toward construction and accommodation & food. The top ancestries reported are English, Australian, Irish.
Gnarabup has a median house price of $1.8 million, which has climbed sharply by 34.1% year-on-year. The current median weekly rent is $680. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,733.
Looking at the investment signals, The gross rental yield works out to roughly 2.0%, 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 16.2x is considered stretched. House prices have moved +34.1% year-on-year. Population growth of +3.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.