Salter Point is a compact suburb in Western Australia within the South Perth local government area (postcode 6152). The area has roughly 2,913 residents and a settled, mature resident base, with a median age of 47. Households earn a median income of $132K 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 +1.2% 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 healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Salter Point is $2.1 million, having climbed sharply by 13.2% over the past year. The current median weekly rent is $920. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,860.
Salter Point is served by 1 school, including 1 combined. The average ICSEA score is 1110, which is well above the national average of 1,000. Public transport access includes 18 bus stops.
From an investment perspective, Salter Point shows a gross rental yield of approximately 2.2%, rated as low yield. Property prices are above the state median ($2.1M/$1.0M), placing it in the premium segment. The price-to-income ratio of 16.3x is considered stretched. House prices have moved +13.2% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.