Peppermint Grove Beach (postcode 6271) is a close-knit residential community in Western Australia within the Capel local government area. The area has roughly 518 residents and a mature demographic, with a median age of 49. Households earn a median income of $97K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in Peppermint Grove Beach stand at $1.1 million, having climbed sharply by 17.9% over the last twelve months. The current median weekly rent is $655. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,733.
Looking at the investment signals, Peppermint Grove Beach shows a gross rental yield of approximately 3.0%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 11.9x is considered stretched. House prices have moved +17.9% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.