Millendon (postcode 6056) is a sparsely populated locality in Western Australia within the Swan local government area. It is home to about 490 residents, with a settled, mature resident base and a median age of 49. Households earn a median income of $105K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.0% 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 managers, professionals, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Italian.
Millendon has a median house price of $1.3 million, which has climbed sharply by 70% year-on-year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 3 rail stations, 7 bus stops.
Looking at the investment signals, The gross rental yield works out to roughly 1.4%, which reads as low yield. Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +70.0% year-on-year. Population growth of +4.0% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.