Leonora (postcode 6438) is a small community in Western Australia within the Leonora local government area. The area has roughly 657 residents and an established demographic, with a median age of 40. Households earn a median income of $76K per year, with an average household size of 2.3 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -1.2% 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 technicians & trades, labourers, community & personal service. Employment in the area leans toward mining and public admin & safety. The top ancestries reported are Australian, English, Aboriginal Australian.
Leonora has a median house price of $195,000, which has climbed sharply by 30% year-on-year. The median weekly rent is $163 (Census 2021). This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $714.
Leonora is served by 1 school, including 1 combined. The average ICSEA score is 746, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital.
From an investment perspective, Leonora shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices sit below the state median ($195K/$1.0M), which can point to relative value. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +30.0% year-on-year. Population growth of -1.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.