Nangeenan is a small, quiet locality in Western Australia within the Merredin local government area (postcode 6414). The area has roughly 75 residents and an older-leaning population, with a median age of 49. Households earn a median income of $94K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 managers, technicians & trades, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Scottish.
Median house prices in Nangeenan stand at $350,000, having surged by 40% over the last twelve months. The median weekly rent is $150 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,813.
On the investment side, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices sit below the state median ($350K/$1.0M), which can point to relative value. The price-to-income ratio of 3.7x is considered affordable. House prices have moved +40.0% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.