Located in Western Australia within the Albany local government area, Lower King is a small community (postcode 6330). With a population of 1,890, the suburb has a mature demographic with a median age of 48. Households earn a median income of $75K per year, with an average household size of 2.5 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, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Lower King is $760,000, having surged by 25% over the past year. The current median weekly rent is $700. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,619.
Public transport access includes 14 bus stops.
From an investment perspective, The gross rental yield works out to roughly 4.8%, which reads as moderate yield. Property prices are near the state median ($760K/$1.0M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +25.0% 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.