Piesse Brook (postcode 6076) is a quiet locality in Western Australia within the Kalamunda local government area. It is home to about 214 residents, with an older-leaning population and a median age of 47. Households earn a median income of $159K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 professionals, managers, clerical & administrative. Employment in the area leans toward mining and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Piesse Brook is $1.4 million, having risen steeply by 72.8% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,134.
From an investment perspective, Piesse Brook shows a gross rental yield of approximately 0.9%, rated as low yield. Property prices are above the state median ($1.4M/$1.0M), placing it in the premium segment. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +72.8% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.