Located in Western Australia within the Northam local government area, Grass Valley is a quiet locality (postcode 6403). It is home to about 158 residents, with a mature demographic and a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.5% 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 sales, community & personal service, labourers. Employment in the area leans toward retail trade and healthcare. The top ancestries reported are Australian, English, Scottish.
The median house price in Grass Valley is $130,000, having dropped significantly by 53.2% over the past year. The median weekly rent is $225 (Census 2021). This gives a gross rental yield of approximately 9.0%. The median monthly mortgage repayment is $986.
Looking at the investment signals, Grass Valley shows a gross rental yield of approximately 9.0%, rated as high yield. Property prices sit below the state median ($130K/$1.0M), which can point to relative value. The price-to-income ratio of 2.2x is considered affordable. House prices have moved -53.2% year-on-year. Population growth of +2.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.