Located in Western Australia within the Gingin local government area, Lancelin is a small community (postcode 6044). With a population of 786, the suburb has a settled, mature resident base with a median age of 52. Households earn a median income of $56K per year, with an average household size of 2 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 labourers, managers, technicians & trades. Employment in the area leans toward agriculture and accommodation & food. The top ancestries reported are English, Australian, Scottish.
Median house prices in Lancelin stand at $715,000, having jumped by 17.2% over the last twelve months. The current median weekly rent is $575. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,733.
Lancelin is served by 1 school, including 1 primary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 1 bus stop.
Looking at the investment signals, The gross rental yield works out to roughly 4.2%, which reads as moderate yield. Property prices are near the state median ($715K/$1.0M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved +17.2% 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.