Located in Western Australia within the Denmark local government area, Peaceful Bay is a sparsely populated locality (postcode 6333). With a population of 71, the suburb has a predominantly older resident base with a median age of 62. Households earn a median income of $36K per year, with an average household size of 1.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% 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, sales, managers. Employment in the area leans toward accommodation & food and agriculture. The top ancestries reported are Australian, English, Scottish.
The median house price in Peaceful Bay is $960,000, having climbed sharply by 74.5% over the past year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,725.
Looking at the investment signals, Gross rental yield sits at around 1.5% (low yield). Property prices are near the state median ($960K/$1.0M). The price-to-income ratio of 26.6x is considered stretched. House prices have moved +74.5% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.