Picton is a small, quiet locality in Western Australia within the Bunbury local government area (postcode 6229). The area has roughly 31 residents and a mature demographic, with a median age of 54. Households earn a median income of $39K 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 +1.1% 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 labourers, technicians & trades, sales. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Irish.
Picton has a median house price of $705,000, which has risen steeply by 50% year-on-year. The median weekly rent is $270 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,437.
Public transport access includes 1 bus stop.
Looking at the investment signals, Picton shows a gross rental yield of approximately 2.0%, rated as low yield. Property prices are near the state median ($705K/$1.0M). The price-to-income ratio of 18.2x is considered stretched. House prices have moved +50.0% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.