Located in Western Australia within the Greater Geraldton local government area, Mahomets Flats is a small locality (postcode 6530). With a population of 806, the suburb has a settled mid-life population with a median age of 41. Households earn a median income of $73K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% 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, labourers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Mahomets Flats is $633,000, having risen steeply by 29.1% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,300.
Public transport access includes 10 bus stops.
From an investment perspective, Gross rental yield sits at around 4.1% (moderate yield). Property prices sit below the state median ($633K/$1.0M), which can point to relative value. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +29.1% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.